The two blocks are in the Pearl River Mouth basin. Block 16/07 covers 2,743 sq km (1,059 sq mi) and has a water depth of approximately 100 m (328 ft). Block 03/33 covers 2,367 sq km (914 sq mi) and has a water depth of 65-145 m (213-476 ft).
According to the agreement, Roc will be the operator during the exploration and CNOOC can participate with a working interest of as much as 51% in any commercial discoveries.
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