On 6 June 2018, Shenergy Co Ltd was officially awarded exploration license Keping South Block in the onshore Tarim Basin. Keping South Block covers approximately 2,566 sq km and was offered in the 2017 Xinjiang Oil & Gas Bid Round. Shenergy won the right to explore the block with a winning bid of 1.49067 billion RMB (~US$ 233.8 million) for an initial five year exploration period. Shenergy is the operator and sole rightholder of the Keping South Block. 
Shenergy Co Ltd was officially awarded exploration license Keping South Block in the onshore Tarim Basin. Keping South Block covers approximately 2,566 sq km 