HONG KONG, June 17, 2014 /PRNewswire/ -- Anton Oilfield
Services Group ("Antonoil" or the "Group", HKEx stock code:
3337), the leading independent oilfield services provider in
China announces that it has
received a letter of award today that awards a stimulation project
in Iraq to the Group. The project,
which is located in southern Iraq,
involves the application of coiled tubing acidizing technology for
stimulation, at a contract value of around US$9.5 million for an effective period of two
years. Antonoil has been operating in this project with a previous
award, and the winning of this bid extends the Group's service with
a larger contract size.
The winning of the bid shows Antonoil's coiled tubing service in
Iraq is backed by steady and
sustainable work volume, and also demonstrates sound growth
momentum.
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.
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For enquiries,
please contact:
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Hill+Knowlton
Strategies
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Eric Song
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Ka Wai Li
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Direct: (852) 2894
6264
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Direct: (852) 2894
6252
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Email:
eric.song@hkstrategies.com
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Email:
kawai.li@hkstrategies.com
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SOURCE Anton Oilfield Services Group