HONG KONG, June 28, 2015 /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 has won a bid lately for the provision of
three well's workover and other services in middle Iraq. As the chief contractor for the project
operated by an international oil company, Anton is commissioned to
provide a series of services covering workover, coiled tubing
acidizing and other downhole services. Iraqi Drilling Company is
our working partner for the supply of workover rig equipment and
operation. The contract value is estimated to stand at
approximately USD17.99 million. The
project is expected to kick off in early 2016.
The award of this service order denotes Anton's efforts to
extend its reach from the original batch of Chinese customers to
international corporate clients. This allows the Group to make its
entry into new market areas in Iraq and work in collaboration with national
oilfield services corporation in the country. Anton management
believes the workover sector offers much potential for further
development in Iraq. The smooth
operation of such services would enable the Group to achieve better
profitability for its workover service segment of the Group and
open up new opportunities for business overseas.
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 integrated-service,
drilling technology, well completion, down-hole operations, oil
production as well as tubular service. The Group has established an
international network across China
and overseas markets, providing products and services in 14
countries including China and
those in Middle East, Central Asia and Africa area and America. With its
comprehensive product lines and integrated service capacity, the
Group is empowered to help oil companies solve their challenges in
increasing production, improving drilling efficiency, lowering
costs and optimizing waste management. Its fast growth benefits
from China's advantages in natural
resources and the Group's increased presence in overseas markets.
Anton Oilfield is the best independent Chinese oilfield services
partner the best Chinese partner worldwide. The Group's strategic
objective is to become a leading global oilfield services provider
with a solid foothold in China.
For media enquiries, please contact
Hill+Knowlton Strategies
Ka Wai Li
Direct: (852) 2894 6252
E-mail: kawai.li@hkstrategies.com
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SOURCE Anton Oilfield Services Group