Technical Service Contract between Natural Gas Development Company of Qinghai Oilfield and Beijing Bright Petroleum Technology Co., Ltd.
Beijing Bright Petroleum Technology Co., Ltd. and Natural Gas Development Company of Qinghai Oilfield entered into an agreement on October 15, 2007, for Beijing Bright to provide services related to Multipurpose Fissure Shaper Technology. The project has been completed, and full payment for the services is expected by November 30, 2008.
Exhibit 10.38
Summary of Translation of the
Technical Service Contract, by and between Natural Gas Development Company of
Qinghai Oilfield and Beijing Bright Technology Co., Ltd.
On October 15, 2007, Beijing Bright Petroleum Technology Co., Ltd. executed an agreement with Natural Gas Development Company of Qinghai Oilfield to provide service on a Multipurpose Fissure Shaper Technology. The project has been completed under the agreement and full payment is expected by November 30, 2008.
