About ANTON OILFIELD Company

Anton Oilfield Services Group (HKEx stock code: 3337) (“Anton Petroleum” or the “Company”, together with its subsidiaries, collectively the “Group”) is the world's leading integrated oilfield technology service company. The Group operates in major oil and gas production areas around the world, providing customers with a full range of products and technologies for oil and gas development. It is an innovative company characterized by combining geological engineering, increasing production, reducing costs, and integrating. The Group is committed to the in-depth development of emerging markets for global oil and gas development. Its business covers many countries and regions around the world, including China, the Middle East, Africa, Central Asia, Southeast Asia and Latin America, and has formed a global service support system with rapid response. The Group provides a full range of products and services in the oil and gas development process to meet the diverse needs of customers and help customers maximize the value of oil and gas assets. The Group's comprehensive products and services include products and services throughout the oil and gas development process, supporting professional resource services required for oil and gas development, and various forms of integrated services. The Group's corporate culture is rooted in traditional Oriental culture. The Group's core values are customer-centered, hard work, learning and innovation. The Group's mission is to help others succeed, partner and share internally with employees, and achieve win-win development with external partners. The Group's vision is to become a model for the efficient and harmonious development of people and the environment. In every construction business scenario, the Group is committed to meeting the “work first” standard and creating maximum value for customers. In the process of development and growth, the Group does its best to promote social progress and achieve harmonious development with society. affaires The Group provides customers with “all-round” services, and provides and implements solutions to various technical problems to help oil companies complete the development of oil and gas fields, increase production and reduce costs. The Group uses industrial clusters as profit centers and reports the Group's performance according to three clusters, including drilling technology clusters, well completion technology clusters, and oil production service clusters. The details of each industrial cluster are as follows: Drilling technology service cluster It provides engineering technical services and products during the drilling phase, and provides drilling services throughout the process from construction plan design to project organization to solve problems encountered by oil companies such as targeted drilling, drilling evaluation, drilling acceleration, increased drilling rate, and integrated drilling. The Group is a leading drilling technology service provider in China. Integrated drilling services Through services such as new integrated drilling engineering technology, new cementing technology, special tools, etc., we provide comprehensive technical services from program design, supporting tools, production processes and related equipment; provide integrated drilling and completion technical services with individual superior technologies for integrated drilling. Directional drilling Under the engineer's operation, the drilling tool set is drilled into a borehole along a pre-designed trajectory so that it enters the best position in the reservoir to improve oil and gas recovery. The Group is a leading provider of directional drilling services in China; services include directional drilling technology, side drilling technology and guided drilling technology. Drilling tool rental and technical services provide drilling tool rental, repair and wear prevention, pipe processing and manufacturing and storage technical services. Rig service Services using rigs to complete drilling-related business, including the use of own rigs to provide services and manage partner rigs. Oilfield environmental technology Introduce advanced technology, integrate domestic and foreign resources, and carry out waste pollution treatment services throughout the oil and gas field exploration and development process, such as oil-based mud drill chip treatment services and fracturing backfill treatment services. We have oil-based mud, high-performance water-based mud systems, and biosynthetic-based environmentally friendly drilling fluid systems. We are committed to solving complex underground problems in major oil fields, shortening the drilling cycle, and achieving the goal of speeding up drilling. The Group has a team of senior drilling fluid technology experts, an oil-based mud station, a R&D center with first-class equipment, and a mud material factory. We provide specialized services integrating drilling fluid technology on-site service, drilling fluid technology research and development, research and sales of scientific research topics. The inspection and evaluation technology for petroleum production facilities has the qualification of the “National Laboratory for Testing and Calibration (CNAS)” of instruments, obtained non-destructive testing qualifications from the China Nondestructive Testing Association and the United States, and uses international standards to carry out on-site inspection services for petroleum production facilities, instruments and instruments. The service industry covers the petrochemical, pharmaceutical, mechanical manufacturing and electronics industries. The company also has gas seal inspection technology, which focuses on online wellhead inspection of the tightness of the wire connections of oil casings in natural gas wells, which solves the problem of gas seal leakage. It is of great significance in ensuring the production safety of high-pressure wells, high-sulfur wells, and key natural gas wells. Completion Technology Service Cluster It provides oil companies with integrated well completion and production increase services with superior technology such as integrated solution design, equipment, tools, and materials for well consolidation and production completion. The Group is a leading provider of well completion technology services and tools in China. It provides technical services and tools for oil companies to solve various technical problems at the completion stage, design completion plans and processes for different strata and reservoirs, and install various types of completion tools to complete preparation work for boreholes and oil production needs. Services include services and products such as well completion integration, screen tube completion, gravel filling completion, and oil production tools. Integrated Well Completion Services We provide completion process design and construction organization services for low permeability crack gas reservoirs, shale gas reservoirs, etc.; provide integrated services from reservoir geological analysis and consultation, completion plan design, completion tools, and liquid material construction; and provide monitoring services for production increase measures. Completion tool service It provides a series of solid completion tools and production completion tool services to solve various technical problems in naked eye completion and casing completion, and also has autonomous tool production capacity. Sand prevention and water control technology and technical services We provide the most complete range of screen tube completion and tool products, provide comprehensive engineering design for screen pipe completion, sand prevention and water control, provide sand-proof completion technology with sealing and high-pressure filling as the core, and provide AICD water control supporting technical services. The Group's sieve pipe completion tools include composite sieve tubes, impact sieve tubes, sandproof sieve tubes, filling sieve tubes, wire wound sieve tubes, slit sieve tubes, and novel water control screen tubes, as well as fracturing filling and completion services and tools, and cyclic filling and completion services and tools. Fracture acidification and chemical material technology Focus on the development of acidified fracturing technology to increase production, provide integrated resource integration from production enhancement technology evaluation and design, underground chemical materials to equipment construction to achieve integrated production increase technology; provide product R&D, production, sales and technical services for underground chemical materials such as oxidation, fracturing, pressure wells, and oil production (water blocking anatomy). Fracturing pumping construction services Relying on the water horsepower service capabilities and related operating capabilities of fracturing pumping equipment, we help customers complete fracturing pumping design and construction services of different scales. It helps to expand the permeability of oil and gas reservoirs and increase production capacity, and has become an essential means for developing unconventional oil and gas reservoirs. Coiled Tubing Services A continuous tubing is a complete unthreaded tubing that is wound on a roller and can continuously enter or exit an oil and gas well after straightening; our business focuses on combining equipment with various tools to form different process techniques, providing increased production operations for low permeability wells, special operations for ultra-complex wells, routine operations for conventional wells, etc., such as providing continuous tubing drag fracturing and bridge plug segmented fracturing technology, horizontal well acidification technology, and drilling techniques such as horizontal well cable testing, side drilling, and drilling and salvage. Oil Production Technology Service Cluster It provides engineering technical services and products to oil companies during the completion stage and oil production stage, and combines the geological needs of oil and gas reservoirs to achieve economical oil production from various angles such as production operation management and ground process services. Oil production operation management services The Group provides customers with integrated oilfield operation and management services. At the same time, it also provides services for production and operation management of oilfield ground well stations, including power engineering construction, operation, inspection and maintenance, artificial lift technology design, management, optimization operation support, water injection, anatomy, and maintenance of ground equipment and facilities. Oil production operation services It provides services for carrying out routine and overhaul operations, side drilling, salvage, oil testing and completion of oil, water and gas wells, and routine maintenance operations. Oil casing technology and anti-corrosion services Special oil casing technical services with special buckles as the core; well-known petroleum special pipe supplier at home and abroad.