The company has not yet signed a formal contract with the Iraqi Ministry of Oil. The oilfield development plan for the bid-winning blocks needs to be clarified through negotiation with the Iraqi Ministry of Oil, and the specific investment amount for the blocks cannot be determined yet.

On April 24-25, 2024, Geo-jade Petroleum, upon the grand invitation of the The Ministry of Energy of Turkmenistan, jointly participated in the "2024 Turkmen Energy Investment Forum" (TEIF, 2024) in Paris, France, together with Beijing Huineng Company.

China Securities Journal News - Geo-Jade Petroleum released its 2017 semi-annual report on the evening of August 25th, stating that the company achieved revenue of 1.36 billion RMB in the first half of 2017, representing a year-on-year increase of 143.15%. Notably, the Mateng and Koshan oilfield segments performed impressively, with a total net profit of 135 million RMB, up 177.07% year-on-year. Due to a significant increase in financial expenses, the company's total profit for the period decrea

On November 28, 2019, upon the sincere invitation of Mr. Selim Belortaja, Albanian Ambassador to China, Wang Wentao, Chairman of Geo-jade Petroleum, Chen Huanlong, Vice Chairman and President, and Guo Yi, Director and Vice President, represented the company at the "70th Anniversary of the Establishment of Diplomatic Relations Between China and Albania" celebration held at the Kerry Hotel, Beijing.

On August 10th, the daily production of crude oil at the Intercontinental Atyrau Field Project broke through 2,000 tons for the first time!