[Hainan Mining: new proven reserves of Huizhou 12-7 Oil Field approved]-Hainan Mining announced that the Huizhou 12-7 oil field was recently approved by relevant departments of the Chinese government, adding nearly 10 million tons of proven geological reserves. The approval of the reserves is a prerequisite for the official start of development and construction of the oil field, which is conducive to continuously promoting the long-term cooperation between Locke and CNOOC, and will further enhance the scale of Locke's oil assets and the company's competitiveness in the field of oil and gas business.