ATI Delegation Visits Honghua…OCTOBER 2007

An ATI delegation visited Sichuan Honghua Petroleum Equipment Co., Ltd. in Chengdu, Sichuan, PR of China on October 8th, 2007 to finalize and sign a contract for the acquisition of two 2000HP land drilling rigs. This contract is the first rig sale by Honghua to Latin America and the first Chinese made Drilling Rig into Brazil. ATI and Honghua have agreed to enter into a formal agreement of mutual understanding and cooperation for a long term relationship in Latin America for the sale and promotion of their products.

EVENT PICTURE(S)

Mr. Liu Zhi (VP of Honghua Group & General Manager Honghua Int’l) at Hongua Headquarters in Chengdu, Sichuan with Robert P. Andrews, Li Chaoyan and Jay Sun (from ATI).
 
Ruby Liu (Vice president of Honghua Int’l) and Robert P. Andrews after signature of Contract for the acquisition of Two 2000HP Rigs.

Mr Liu Zhi (General Manager Honghua Int’l) with Robert P. Andrews, Li Chaoyan, Mr. Tian Diyong (chief Engineer Honghua) at Banquet given by Honghua in celebration of Contract signing.
 
Ms. Wang Jiao (Honghua legal Dept.), Jack Luo, Ryan Chen and Ruby Liu (Honghua Int’l) during negotiations before contract signing.

To Jorge Rosario Hernandez

Supervisor técnico

To Estefania Morales Guzman

Asistente Ejecutivo

To Martha Mendoza

Contadora

To Edgar Capaceta Hernández

Ingeniero jefe y gerente de proyecto

To Dalia Guzman

Villahermosa GM

To William Maidla

SVP & COO

To Ruth Gisela Cantarero

Asistente Ejecutivo

To Jose Leon Ascencio

Logística

To Leticia Badillo

Gerente de Contabilidad - México

To Moyses Lachter

Country Manager en Brasil

To Robert P. Andrews

Presidente y Director Ejecutivo