Welcome To The China North East Petroleum Holdings Limited HUB On AGORACOM

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China North East Petroleum Holdings Limited Profile

CNEH is 100 % oil. All their oil is all sold to PTR at market price set @ beginning of each month. Presently CNEH is adding over 100 new wells /year with a goal to reach 650 wells shortly (in a few years?) Their revenue and sales growth is phenomenal as well as reserves, margin, loaded in cash with near zero debt- a pretty fundamental picture! The listing on a major board should occurr by the beginning of '09, Earnings due early part of Aug. The share price performance is outstanding for the past year and should be a great investment.

Last changed at 23-Mar-2010 09:22AM by duncanmcl