Major oil field found in north China

HOHHOT, Feb. 28 (Chinese media) -- An oil field with reserves

of about 100 million tonnes has been found in Siziwang Banner in north

China's Inner Mongolia Autonomous Region, where the Shenzhou-7 space module

landed last year.

Experts said the oil field has workable reserves of

35 million to 40 million tonnes.

The Siziwang Banner government will invest 20 million

yuan (2.9million U.S. dollars) in the first half of this year to set up five

exploratory shafts for further exploration.

The government is expected to invest 200 million yuan

to set up100 oil-wells by the end of 2010. The oil field is expected to produce

500 tonnes of oil daily and 150,000 tonnes a year then.