Sino Geophysical Co., Ltd.
潜能恒信
300191
Shenzhen Stock Exchange
Company Profile
The company has three domestically initiative and internationally leading core technologies. They are WEFOX, the high fidelity prestack data processing technology; GEOSTAR, the fine reservoir and fracture prediction technology; and MAVORICK, the oil and gas prediction technology. The company also has copyrights to 53 software and more than 400 software modules, which have been applied to the oil and gas exploration and development of many domestic and international oil fields. The company is capable of providing high-end oil and gas engineering services for oil and gas exploration and development. Its business model includes three integration which are "seismic date acquisition and processing integration, seismic interpretation and geology interpretation integration, and geology and engineering integration". In addition, the company has a unique, scientific oil and gas assets assessment method. Combining its own technology and capital advantage, the company has successfully invested into many domestic and international oil and gas assets. In the aspect of oil and gas assets, we have eight oil and gas blocks of great value, namely Block 05/31 in Bohai, exploration and development of Reinecke oil field in the US, Block Ergel-12 in Mongolia,Block 09/17in Bohai, development of 10-3 west oil field in Weizhou, Beibu Bay in the South China Sea, and Block 22/04 exploration project in Weizhou，Block 22/05 exploration project in Nanhai，Block 91-95 in Junggar Basin China。
Full description
SinoGeo Physical Co., Ltd is a comprehensive oil exploration and development company with integrated technical services in oil and gas exploration and development and investment. It is a national high-tech enterprise with his own core technology. The company was founded in 2003, and was successfully listed in Shenzhen Stock Exchange GEM in March, 2011 (stock abbreviation: SinoGeo physical, stock code: 300191). The company headquarter is in Beijing, China. The company also establishes branches in Xinjiang, Tianjin, Houston, British Virgin Islands and Mongolia. The company especially focuses on oil exploration with integration of multidisciplinary and technology for exploring concealed oil and gas fields. With three integrations, "integration of collection and processing”, “integration of seismic geology”, and “integration of geological engineering”, the company provides services to the customers with low costs and high returns. The company has efficient and scientific management and high success rate of finding oil. However, the company has gradually developed into a company with business at both upstream and downstream by seeking extensive cooperation with other companies. Its goal is to achieve mutual benefit, win-win situation and grateful returns to the partners and shareholders. The company has seized the opportunity of openness of upstream oil and gas business, market-oriented reformation and international oil and gas assets acquisitions under the background of low oil prices, adhering to investment philosophy of “two highs and two lows”, which is “low risks and low costs; high success rate and high return rate". The company makes full use of its technology advantages in the oil and gas exploration and development, accurately evaluating oil and gas resources and its economical efficiency, effectively controlling the investment risks, and positively playing a strong role in development and investment of oil and gas exploration. By doing these, the company has gradually and successfully transformed into a comprehensive international oil exploration and development company. In the aspect of oil and gas assets, we have seven oil and gas blocks of great value, namely Block 05/31 in Bohai, exploration and development of Reinecke oil field in the US, Block Ergel-12 in Mongolia,Block 09/17in Bohai, development of 103# west oil field in Weizhou, Beibu Bay in the South China Sea, and Block 22/04 exploration project in Weizhou,Block 91-95 in Junggar Basin China, Block 22/05 in the South China Sea. The company will continue to adhere to its core values of "integrity, innovation and win-win". Its mission is to use innovative technologies to find hidden oil and gas fields. The company continues to maintain its leading technology advantages to gradually develop into an international energy company in both upstream and downstream area.