China Petrochemical Corp., also known as Sinopec Group, has signed a preliminary agreement with ConocoPhillips (COP) to study shale gas development in the Sichuan basin.
China Petrochemical Corp.,
also known as Sinopec Group, has signed a preliminary agreement with
ConocoPhillips (COP) to study shale gas development in the Sichuan basin.
The agreement, signed Dec. 21, will involve Conoco drilling two wells in a 3,917.53
square kilometer section known as the Qijiang block, Sinopec said Tuesday on
its website.
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