Oil and Gas Exploration and Development
The Group actively promotes its international energy development strategy. Its wholly-owned Canadian subsidiary, Baccalieu Energy Inc., engages in oil and natural gas exploration, producing over 2 million barrels of oil and gas annually. It currently operates more than 300 advanced oil and gas wells, with an oil and gas acreage of 1,000 square kilometers. With proven and controlled reserves of 43 million barrels of oil equivalent, it boasts significant development potential and a promising market outlook.
Yue. Gong. Wang. An. Bei. No.44040202000827