M&A

As oil price keeps rising in 2017, the global oil and gas industry recovers steadily and maintains good development, leaving great confidence to the players. The top management of CREIC grasps this precious opportunity to take an active part in overseas oil and gas fields M&A business. Supported by the professional team and strong technological strength, CREIC strategically targets the global oil and gas rich resources areas, and specifically evaluates the key parameters of structure, reservoir, oil-generating conditions, oil well testing, single well productivity and reserves, finally could find the right opportunities to pursue high qualified upstream portfolios.


The Coastal Oil Field lies in the Riouai Region of Atyrau, the Republic of Kazakhstan, close to the Caspian Sea, with  2P reserve 183mmboe and recoverable reserve 44mmboe evaluated by D&M in 2015. CREIC holds 87.5% working interest of Costal Oil Field.


Koskol Oil Field is located in eastern uplift of Pre-Caspian basin with exploitation acreage 4800km2, having 14 large-scale pre-salt prospective structures with resource above 9 billion bbls, and 4 small scale oil fields have been discovered in post-salt reservoirs. CREIC holds 87.5% working interest of Koskol Oil Field.

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T oil and gas field is located in Mangyshlak basin, is a middle-scale production project.


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