Sifangda's continuous 3 daily limit to enter shale gas

Sifangda opened at 14.54 yuan today, and it has a daily limit at the opening. So far, the stock has been trading at 3 consecutive daily limit. On August 31, it was reported that senior officials of Sifangda Company said in an interview that the company is still providing materials to coal mining, oil and natural gas mining equipment companies, but it does not rule out the development drilling stage of shale gas. After that, research and development and supply of drill materials for related equipment production companies. The PDC (polycrystalline diamond compact) drill bit produced by the company has been widely used in the exploration and exploitation of conventional oil and gas, while the conventional natural gas burial depth in China is generally about 1,500 meters to 3,000 meters, and the depth is equivalent to shale gas, so from the perspective of depth It is judged that the PDC bit should also be suitable for shale gas exploration and mining. On the news front, an authoritative source of the Mineral Resources Reserve Evaluation Center of the Ministry of Land and Resources said yesterday that the second round of shale gas prospecting tenders, which the industry is expecting, will kick off in September, and the specific time is very close. China's shale gas development has just begun. From the perspective of the process, the super-hard composite materials enterprises and oil and gas software service providers required for the production and exploration of drill bits should take the lead.

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