Recon Technology Receives New Oil Field Market Access Certificate
(Nasdaq: RCON), a leading Chinese non-state-owned oil field services provider,
announced today that one of its subsidiaries has been granted a new access
certificate that authorizes the company to operate in the CNPC Jilin oil field
market. CNPC is
world’s major oil field service providers and a globally reputed contractor in
Recon Technology has been certified for several years to operate in
numerous other CNPC oil field markets including Huabei,
Changqing. Recon also is a qualified CNPC (Energy Ahead/No.1 Resource Network)
supplier for Technical Services and Resource Supplies. In addition, Recon has
a number one rating as an Internet supplier to Sinopec, the China Petroleum &
Chemical Corporation, which is a vertically integrated energy and chemical
company engaged in oil & gas exploration and production.
Recon CEO Mr. Yin Shenping said, “These certificates and qualifications
underscore the strength of our products and services as well as our excellent
To maintain long-term cooperation with the major oil producers, Recon has
applied for additional market access certificates that are now required by new
regulations for oil fields in Tuha, Jidong, Xinjiang and
About China National Petroleum Corporation (CNPC)
of the world’s major oilfield service providers and a globally reputed
contractor in engineering construction. With a presence in almost 70 countries,
CNPC is an integrated international energy company, with businesses covering
oil and gas operations, technical services, engineering and construction,
equipment manufacturing, financial services and renewable energy development.
The company is listed on The Stock Exchange of
“0135″. Jilin Oil Field Subsidiary is a regional subsidiary of CNPC with
Company is exploring, producing and distributing petroleum products. For
additional information about CNPC, please visit the company’s website at
About Recon Technology, Ltd.
Recon Technology, Ltd. has been providing leading Chinese oil and gas
companies with automation services that increase efficiency and profitability
in exploring, extracting, producing, processing, refining and transporting
petroleum products for over 10 years. The company’s proprietary computerized
process control system manages oil production in real-time to increase
extraction levels, reduce impurities in extracted petroleum and lower
production costs. In addition, as one of only two acoustic system providers in
the world, Recon’s acoustic pipeline monitoring system is widely used to
prevent gas leakage in the transport pipeline. Recon’s technology is based on
three software copyrights, eight product patents and four pending patents.
Recon Technology is the first Chinese non-state-owned oil and gas service
company to go public in the U.S. More information may be found at
http://www.recon.cn or e-mail: email@example.com.
Recon’s online investor kit, including an investment profile, press
releases, current price quotes, stock charts and more is available at
http://www.hawkassociates.com/profile/rcon.cfm . To receive notification of
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SOURCE Recon Technology, Ltd.