Production Service Contract in Iraq   Exploration & Production Project in Kazakhstan
Ahdeb Field is located in the southern part of Iraq Wasit Province. The peak production will be 115,000 bopd in six years. The Konys & Bektas Oil Field locates in the central Kazakhstan¡¯s Turgay Basin with remaining reserves of 113 million barrels. The current production is 13,000 barrels per day.
   
Two Exploration Concessions in Pakistan   Enhanced Oil Recovery Project in Syria  
ZhenHua Oil acquired two petroleum exploration licenses in Pakistan over Baska and Bahawalpur East blocks on 29 March 2007.
Baska block is located in the central part of Pakistan and covers an area of 2,442 sq.kms. There is oil and gas discovery in one of the six identified prospects. The well tested 457,600m3/d of gas and 709b/d of condensate.
Bahawalpur East block is located in eastern Pakistan and covers an area of 2,495 sq. kms. Five leads have been identified within this block.
A minimum expenditure of about $30 million will be invested in the two blocks during three years of the 1st exploration period.
The Gbeibe Oil Field locates in the northeastern Syria's Gibisa District with remaining reserves of 64 million barrels. The current production is 12,000 barrels per day.
 

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