Anton Oilfield Appoints Non-Executive Director, Chairman of QHSE

Anton Oilfield Services Group, the leading independent oilfield services provider in China, announced the appointment of Jean Francois Poupeau as a non-executive director of the Group, effective Jan. 21, 2013.

With over 27 years of in-depth experience in oilfield services, Poupeau currently holds the position of Executive Vice President at Schlumberger, where he has taken various management positions. Schlumberger is a minority shareholder of the Group and holds approximately 19.8 percent of the issued share capital of the Group as of the date of this release.

The Group is committed to the highest standards of corporate governance aimed at enhancing shareholders' value. The board has appointed Poupeau as chairman of the newly established QHSE Committee of the board tasked with providing guidance and advice on the quality, health, safety and environment strategies of the Group to ensure that the quality of the Group's services meets the international standards. As a non-executive director, Poupeau will not be involved in the daily operations of the Group. The board believes that Poupeau's rich industry and management experience will help bring the world's leading standards in corporate governance and QHSE to the Group.

Commenting on his appointment, Poupeau said: "I am glad to join the board of directors of Anton Oilfield as a non-executive director of this oilfield services provider with vast growth potential in China. I look forward to working with the board and assist Anton Oilfield's management in business operations in support of Anton Oilfield's existing independent development strategy."

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