COSL'integrated project management contract in Myanmar commenced drilling of the first well

(19 February 2009 - Beijing) China Oilfield Services Limited ( COSL or the Company , HKSE stock code: 2883, SSE stock code: 601808) announces that its integrated project management contract in Myanmar has commenced drilling on the first well Shwe Tha Htay-1.

Shwe Tha Htay-1 is first of the four wells covered in the integrated project management contract in Myanmar. Commencement of drilling on this well marks the first foray of COSL s integrated services in expanding into overseas markets. In this integrated service offering, on the top of drilling services, COSL also offers services including logging, drilling fluids and oil testing.