Seeking investment for oil rigs

A Chinese pump manufacturer with a proven track-record has been manufacturing triplex mud pumps as per API Spec.K7 for ten years. With fixed assets of around 120 million RMB and no outstanding loans their business has been profitable for all that time. This particular company is now starting to develop oil drilling rigs to meet demand from oil fields in Kazakhstan, where the Chinese National Oil Co. for one has various interests. At the current time, the ZJ-70 oil drilling rig (with a drilling capacity of 7000m) is being manufactured at the company’s factory. The pump manufacturer already has talented design experts and skilled workers in place, and is now looking for outside investments in order to further develop this attractive business. A joint venture is just one of the options. Interested parties can find more details about the company’s products at www.pump-valve-china.com. For further information, please contact Mr Duan, at duanvalve@163169.net.

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