603619
Stock code
(%)
ZPEC Drilling Company got off to a sound start in the month of March, drilling 17 wells, completing and handing over 9 wells, with a total accumulated footage of 46,291 meters. The whole situation is better than March 2010, thus laying the foundation for a strong 2011.
In order to realize its “Safety and Benefit Year” goal, ZPEC Drilling Company is firmly committed to the spirit of ZPEC Group Company, by eliminating the “Deficit Wells” and tried best to reduce the number of “Low Profit Wells”. Each of the completed wells were within budget. Besides profit, ZPEC Drilling Company also paid high attention to safety. Other than the safety inspectors, the company leadership, engineers, and technical persons also provided safety instruction in order to improve the whole company’s safety awareness.
At present, 12 drilling teams are already performing normal drilling operations, with an additional 6 teams equipment in process of transportation and installation.
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