HONG KONG, July 14, 2014 /PRNewswire/ -- Anton Oilfield
Services Group ("Antonoil" or the "Group", HKEx stock code:
3337), the leading independent oilfield services provider in
China, is pleased to announce that
the Group commences mobilization and operations of two drilling
rigs in Erdos Basin. Through a centralized tender run by a client
in the Erdos area early in the year, Antonoil won two annual
contracts for these two drilling rigs, both were framework
contracts with fixed prices and a ceiling for contract volume.
According to the contracts, the client would notify the Group to
begin operations according to the progress of their projects.
The commencement of the operations means such rigs have attained
the client's notification and entered into normal and continuous
operation, ensuring the Group's investments in drilling rigs
receive relatively stable job orders. The winning of bids for the
Group's Rig Service and the commencement of the drilling operations
will enhance the Group's market influence in the Erdos area and
have a positive impact on promoting its other businesses in the
region.
About Anton Oilfield Services Group
Anton Oilfield Services Group (HKEx stock code: 3337) is a
leading independent integrated oilfield services provider. The
Group provides products and services for the entire process of oil
and gas development and production, including reservoir management,
drilling technology, well completion, down-hole operations, oil
production as well as tubular service. With its comprehensive
product lines and integrated service capacity, the Group is
empowered to help oil companies solve their challenges of
increasing production, improving drilling efficiency, lowering
costs and optimizing waste management. Its fast growth benefits
from the accelerating development of natural gas in China and the Group's increased presence in
the overseas markets. The Group's strategic objective is to become
a leading global oilfield services provider with a solid foothold
in China.
The Group is headquartered in Beijing and has established an international
network across China and overseas
markets. In China, the markets
cover the Tarim area, Erdos area, Southwest area and other areas of
China, whereas, the overseas
markets include Iraq and other
Middle East market, Central Asia and Africa market and the Americas market.
Antonoil is the best independent Chinese oilfield services partner,
the best Chinese partner worldwide.
For enquiries, please contact:-
Hill+Knowlton
Strategies
|
Eric Song
|
Ka Wai Li
|
Direct: (852) 2894
6264
|
Direct: (852) 2894
6252
|
Email:
eric.song@hkstrategies.com
|
Email:
kawai.li@hkstrategies.com
|
SOURCE Anton Oilfield Services Group