Geo-Jade Petroleum

The Company was founded in Aug 1984, which was one of the first pilot enterprises in Hainan Province to launch public offering of stocks. The Company's stock (600759.SH) started to be traded on the Shanghai StockExchange on October 8, 1996. Company's main business has been transited from real estate, lease service and trading into oil and gas explo... ration and development. Based on China's current oil supply and demand status and national strategy of encourages for various enterprises to implement "Go Global" strategy, as well as national policy and guidelines of encourages for various capital to invest into oil and gas exploration and development areas, the Company's business development direction will concentrate in oil exploration and development, meanwhile actively invest in oil and gas logistics and downstream businesses, based on the development vision of "international independent oil and gas company originated from China ", the company promote "encourage team spirit, reward excellent performance, attract top talent, and control risk factors" as enterprise's culture and core values, the Company strive to create sustainable value for shareholders, Employees and communities. Geo-jade Petroleum Corporation is foraying into Oil & Gas industry, throughout overseas acquisitions of oil and gas assets the Company conducted a strategic transition, which has strengthen the company's capacity for sustainable development. The Company always adhere to the two-wheel drive of "adding value to current project + acquiring new project" and the development strategy of "dual focus of both oil and gas" , the Company has proactively seized the historic opportunities to acquire oil and gas asset in the low oil price period, throughout the usage of domestic and foreign capital/fund, excellent oil and gas resources in foreign countries, good resource management, as well as the integration of local advantage in means of production and marketing, the company has achieved multiple times of increase of reserves, production scale and ...Read More