Company Profitability and Market Share
Increase New Capacity
Drilling
Services
2008
2009
www.cosl.com.cn COSL
2010
2011
COSL942 to operate in
2H; 4 module rigs
operate for six more
months; 5 onshore
rigs commence
operation
Jack-up COSL936
will commence
operation by year
end. 4 onshore rigs
have half year more
revenue.
Jack-up COSL937 to
operate; Four 200-feet
jack-up rigs to operate
in 2010 and 2011
Manage the 3000m
deep water drilling rig
invested by parent
company in Mid 2011
Well
Services
R&D, building,
procure equipment
like cementing pump,
ELIS, liftboat etc.
R&D and procure
tools for MWD,
acidizing and
crushing
MS&T
Services
9 new supporting
vessels will
commence operation
in 2H
9 new supporting
vessels to operate in
1H. 2 high-powered
deep water vessels will
commence operation
by year end
16 offshore
engineering supporting
vessels to be
delivered respectively
in 2010 and 2011
Geophysical
Services
One 8-streamer
seismic vessel start
operation in April
20
20
One 12-streamer
seismic vessel will
commence operation
1 deep water suvey
vessel will commence
operationView entire presentation