On October 11, 2013, Beijing UltraDo Resources Technology Inc. (“UltraDo”) took part in the bidding of PetroChina Huabei Oilfield Company for<3D Pre-stack Unified Seismic Data Processing and Hydrocarbon Geological Overall Evaluation of A'nan Depression, Erlian Exploration Area, 2013>. The bids were comprehensively evaluated in 11 aspects (qualifications, records of service, experience, performance, users’ comments, hardware and software, section processing, understanding of geological tasks, analysis of difficulties, technical ideas and key technologies, quality control and planning) from both the commercial perspective (staffing, performance, and hardware and software) and the technological perspective (section processing test and technology design defense). After judges’ fair evaluation and discipline inspectors’ strict review, UltraDo ranked the top in both technology and commerce, and won the bid at the amount of RMB 11.1 million yuan thanks to its good processing effects, outstanding comprehensive research and integrated solutions.
UltraDo’s success in the fierce competition with two listed companies results from the concerted efforts of all the members participating in the bid preparation and fully embodies UltraDo’s advanced seismic data processing and comprehensive research. It marks UltraDo’s generally becoming one of the first-class petroleum technological service companies in China and has great significance for UltraDo’s strategic development. All the employees will make concerted and greater efforts to build UltraDo into an internationally first-class petroleum technological service company!