‘Signing this additional well drilling contract further demonstrates the management’s confidence in the operational capabilities of the company. By continuing to expand our oil production capacity, together with ongoing efforts to increase production efficiency and minimize the operating expenses, we believe we can achieve sustainable growth and profitability during this challenging economic climate,’ said Hongjun Wang, president of China North East Petroleum.
Yanhai Gong, president of Songyuan Huaying commented, ‘We are pleased with the signing of this contract, and looking forward to building a solid partnership with China North East Petroleum. We shall fulfill our commitment by delivering fast and high quality work and help the company grow faster and stronger with our support. We wish China North East Petroleum a great deal of success.’
