Yanchang Petroleum Group issued a press release on September 26 stating that in August this year, the company achieved sales revenue of 7.116 billion yuan, an increase of 43.49%.

In the same month, the average selling price of refined oil was 6,874 yuan/ton, which was a year-on-year rise of 1,580 yuan/ton, or an increase of 29.85%.

Yanchang Petroleum once stated on September 13 that in August this year it produced 1.875 million tons of crude oil, processed 1.243 million tons of crude oil, managed to transport 106.07 million tons of crude oil, and sold 1.236 million tons of various oil and gas products.

According to public information, Yanchang Petroleum is one of the four companies with qualifications for oil and gas exploration and development in China. In 2009, the Group produced 11.30 million tons of crude oil, 11.89 million tons of processed crude oil, and 11.36 million tons of various types of oil products; and achieved sales revenue of 80.628 billion yuan and profit of 5.015 billion yuan.