11:54 AM EST - Ivanhoe Energy Inc. : announced another natural gas discovery in China - the second deep discovery in less than one month at the company's Zitong exploration block in the Sichuan Province. Sunwing Energy is a wholly-owned subsidiary of Ivanhoe Energy. The Zitong-1 well flowed at a restricted rate of approximately 750,000 cubic feet per day, through the use of a small three millimeter choke, for testing purposes only. The well was perforated in the Xu-4 formation, exposing 33 metres of pay, and a test was conducted in this zone following an initial 24-hour buildup period. Ivanhoe Energy Inc.
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