Notice of Winning Bid for Fracture Proppants between Zhengzhou Duesail Fracture Proppant Co., Ltd. and PetroChina Changqing Oilfield
Zhengzhou Duesail Fracture Proppant Co., Ltd. has been awarded a contract to supply fracture proppants to PetroChina’s Changqing Oilfield at Wushenqi, following a successful bid on May 6, 2009. The agreement specifies product standards, pressure resistance requirements, and total contract values. The supplier is required to deliver products as per purchase orders, and a settlement contract will be signed after the products pass inspection and are stored. This notice serves as confirmation of the winning bid and outlines the next steps for fulfillment.
Exhibit 10.1
Notice of Winning Bid
(English Translation)
Zhengzhou Duesail Fracture Proppant Co., Ltd.:
On May 6, 2009, during an open bid, your company has won a tender for fracture proppants with Changqing Oilfield at Wushenqi, as following:
Standard: 20/40 Resistant to Pressure: 52MPa
Total: ¥27.48 million
Standard: 40/70 Resistant to Pressure: 86MPa
Total: ¥10.08 million
Technical Standard: SY/T5108-2006 Profession Standard
As soon as you receive this notice, please deliver the products according to our purchase orders from Sulige Project Department. We will sign a settlement contract after your products go into storage through examination.
PetroChina’s Changqing Oilfield Project Technology Management Department
May 11, 2009
