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Newsletter: Dr. Ma Zhonghua, Postdoctoral Workstation of Hengtai Aipu Enterprise, Successfully Passed Outbound Defense

2014.11.25

Newsletter: Dr. Ma Zhonghua, Postdoctoral Workstation of Hengtai Aipu Enterprise, Successfully Passed Outbound Defense

On November 18, 2014, the post-doctoral workstation of Hengtai Aipu Enterprise held a "post-doctoral exit defense meeting". Dr. Ma Zhonghua made an exit report and successfully passed the defense. At the defense meeting, Dr. Ma Zhonghua reported on his research work and achievements in high-performance three-dimensional seismic wave simulation technology of anisotropic medium on undulating surface in the past two years. The main achievements are reflected in the three-dimensional undulating surface free surface method, numerical simulation of seismic wave in anisotropic medium, and high-performance computing technology based on CPU/GPU collaborative parallel in three-dimensional computing simulation technology. The above research results have been highly recognized by the review experts. Jury One

Brief: Beijing Boda Ruiheng Technology Co., Ltd. Unconventional Energy Exploration and Development Technology Seminar Successfully Held in Wuhan

2014.11.24

Brief: Beijing Boda Ruiheng Technology Co., Ltd. Unconventional Energy Exploration and Development Technology Seminar Successfully Held in Wuhan

The "Unconventional Energy Exploration and Development Technology Seminar" sponsored by Beijing Boda Ruiheng Technology Co., Ltd. was successfully held in Wuhan from November 13 to 14. More than 80 experts and scholars from 17 well-known domestic and foreign companies and research institutions, including IHS, Sinopec, PetroChina, CNOOC, Boda Ruiheng, Hengtai Aipu, Chengdu OMEK, and Jinling Energy, attended the meeting. The conference mainly focused on the bottleneck of China's unconventional energy exploration and development, especially the geological and engineering "sweet spot" prediction, comprehensive evaluation technology of tight oil/gas reservoir, pre-drilling pressure prediction technology and unconventional energy development technology.

Media Focus: International giants merge Chinese oil service enterprises ushered in the integration and development opportunities.

2014.11.21

Media Focus: International giants merge Chinese oil service enterprises ushered in the integration and development opportunities.

The continuous decline in international oil prices has triggered a chain reaction. The curtain of the integration of the oil service market has been opened, and a new round of integration of oil service enterprises has been staged. On the evening of November 17, U.S. oil services giant Halliburton (HAL) agreed to acquire another industry competitor, Baker Hughes (BHI), in the form of cash and stock. The total value of the transaction is $34.6 billion, which is expected to be completed in the second half of 2015. The industry expects that this transaction will change the existing international oil service market competition pattern and bring great momentum to the future integration of the oil service market. International oil service market enters the best integration time

Media Focus: Hengtai Aipu forward-looking layout timely mergers and acquisitions.

2014.11.19

Media Focus: Hengtai Aipu forward-looking layout timely mergers and acquisitions.

At a time when the reservoir technology service industry is generally experiencing a cold winter in the industry, Hengtai Aipu (300157) still achieved a 35.28 year-on-year increase in operating income in the first three quarters of this year. Forward-looking M & A layout is the key to Hengtai Aipu's growth. As we all know, since 2013, the anti-corruption storm in the industry started from PetroChina has triggered a slowdown in the release of investment projects in the domestic oil industry. Affected by this, companies in the oil service industry that use domestic users as their main customers have encountered Waterloo, and they are also listed companies. The 2014 quarterly reports of companies in the industry show that more than half of the companies' performance and profits have fallen significantly

Media Focus: Hengtai Epp Strategic Transformation to Deal with the Development of the Next Ten Years

2014.11.19

Media Focus: Hengtai Epp Strategic Transformation to Deal with the Development of the Next Ten Years

In the eyes of many analysts and institutional investors, Hengtai Aipu (300157) is no longer an oil service company with geophysical and geological software as its main business. Through the endogenous and extension of the way to achieve transformation, Hengtai Epp gradually transformed, with considerable international market competitiveness of a comprehensive integrated oil service platform has laid a solid foundation. On the evening of October 15, Hengtai Aipu, which had been suspended for several months, announced that the company intends to purchase 100 percent of the shares of Apis Reservoir and 100 percent of the Xinjiang New Generation by issuing shares and paying cash. The company intends to purchase the shares of Apis Reservoir and Xinjiang New Generation by EnergyProspectingTechno

Newsletter: West Oil Joint Obtain New Access to Unconventional Resources Development

2014.11.13

Newsletter: West Oil Joint Obtain New Access to Unconventional Resources Development

On October 30, Chengdu Xiyou United Oil and Gas Engineering Technology Co., Ltd., a wholly-owned subsidiary of Hengtai Aipu, successfully passed the market access review of Fuling shale gas project department of Sinopec Jianghan Oilfield by virtue of its excellent comprehensive service ability, perfect service mechanism and strong market competitiveness. The approved market permits two engineering services: coiled tubing operation and pressurized completion operation. With the acquisition of these two qualifications, Chengdu West Oil United Oil and Gas Engineering Technology Co., Ltd. will certainly provide more technical support and engineering services in the field of unconventional resource development.

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