Canada's third largest oil and gas exploration and development company - Husky Energy Inc. (Husky Energy Inc) Tuesday announced the discovery of a giant South China Sea oil and gas fields, a preliminary estimate reserves of oil and gas fields and Lai Wan similar
　　June 2006 Liwan oil and gas fields discovered in recoverable gas reserves of about 40000-6000000000000 ft3. The oil and gas fields ever discovered in China's largest offshore gas field. It is understood that, in the Husky Energy to conduct commercial operations in the field prior to the development plan must first be obtained from the China National Offshore Oil Corporation and the Chinese regulatory approval.
　　China Economic Net understand that information indicating that China National Offshore Oil has a 51% interest in the field, the right to share in the field of any commercial oil or gas discovery.
 　   Husky Energy Inc. said in a statement, the newly discovered oil and gas field is located 23 km north-east, Liwan 3-1 blocks at the pilot mining phase of a daily output reached 55 million cubic feet of natural gas is expected to formally commercial exploitation can be achieved when the daily output of 14000 million cubic feet. Here the oil and gas field is only 250 kilometers from Hong Kong, business prospects are extremely positive.
Husky Energy CEO John Lau said: "This is an exciting discovery, Husky Energy has developed a milestone in the South China Sea oil and gas resources."
    　Husky Energy Inc. in Toronto, Canada market, the controlling shareholder is the Hong Kong billionaire Li Ka-shing. Company is headquartered in Calgary, Alberta, Canada, in western Canada, the Canadian waters along the East Coast operations, and in the South China Sea, the East China Sea and Indonesia has an interest.