Penglai 13-2-7 (PL 13-2-7) was suspended, having intersected oil in the target reservoirs, on or around 6 July 2019 after having been spudded on or around 25 June 2019, using the "Bohai 5" jack-up. The oil and gas appraisal well was likely to be targeting the Guantao, Dongying and Shahejie formations. Penglai 13-2-7 is in the CNOOC operated Bozhong 06 Block in the offshore Bohai Gulf Basin.<P />
Penglai 13-2-7 (PL 13-2-7) in the CNOOC operated Bozhong 06 Block in the offshore Bohai Gulf Basinwas suspended, having intersected oil in the target reservoirs. The oil and gas appraisal well was likely to be targeting the Guantao, Dongying and Shahejie formations.