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Thursday, November 26, 2009, 11:19AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
China North East Petroleum Holdings Ltd. (NEP)On Nov 25: 5.15  Down 0.05 (0.96%)  
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China North East Petroleum Holdings Ltd.
1717 Zhan Jiang Road
Qing Nian Avenue Economic and Technological Development Zone
Song Yuan City,  138000
China - Map
Phone: 86 43 8216 5055
Fax: 86 43 8216 1212
Web Site: http://www.cnepetroleum.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:257

BUSINESS SUMMARY 
China North East Petroleum Holdings Limited, through its subsidiaries, engages in the exploration and production of crude oil in the People’s Republic of China. As of December 31, 2008, it operated 247 producing wells located in 4 oilfields in Northern China. The company was formerly known as Draco Holding Corporation and changed its name to China North East Petroleum Holdings Ltd. in June 2004. China North East Petroleum Holdings Limited was incorporated in 1999 and is headquartered in Song Yuan City, the People’s Republic of China.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Hong Jun Wang , 37
    Chairman, Chief Exec. Officer, Pres, Member of Compenstaion Committee and Member of Nominating & Corp. Governance Committee
    $ 5.00KN/A
    Mr. Yang Dio Zhang , 28
    Chief Financial Officer, Principal Accounting Officer and Treasurer
    $ 6.00KN/A
    Mr. Li Guo Yu , 37
    VP of Production & Operations, Director of Harbin Hong Xiang Petroleum Services Limited
    $ 0N/A
    Mr. Chao Jiang , 29
    Exec. VP of Fin. and Corp. Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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