China’s CNOOC Limited (NYSE: CEO, SEHK: 883) said that it has drilled successfully two appraisal wells, BZ 34-1-5 and BZ34-1-4, in Bohai Bay. BZ 34-1-5, with a water depth of 21 meters, is an appraisal well drilled on BZ 34-1 discovery. On 7.14mm choke, the appraisal well was tested to flow nearly 400 barrels of…