Recon Technology, Ltd. (NASDAQ: RCON) has received around $1.2 million in 4 new equipment and chemical orders from China National Petroleum Corporation (CNPC).
Recon received about a $219,000 order from the CNPC Changqing Sulige Gas Field in Inner Mongolia. This order includes gas and oil field chemicals, including gas well cleanup additive, clay stabilizer, crosslinking agent, foaming agent and bactericides.
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The company also received approximately a $333,000 order from CNPC Tuha Oilfield and a $254,000 order from the CNPC for the First Extraction Plant of Huabei Oilfield.
Lastly, Recon was awarded a $348,000 order from CNPC for the 4th and 5th Extraction Plants of Huabei Oilfield for burners and horizontal furnaces.
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.
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