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August 12, 2006
Dear IAE customer,
IAE registered
its Beijing Representative Office in 1985 for the purpose
of introducing state of the art technology to the petroleum
and scientific industries. This culminated ten previous
years of similar activity by the president and founder
Dave Howe. In addition to cooperating with the Chinese
petroleum industry in the development of indigenous
high tech equipment, IAE introduced the Chinese manufacturing
and service companies to the international market place.
In the 1980,s IAE used our good offices in Russia and
India to sell Chinese manufactured seismic equipment.
IAE also obtained the first contract for Chinese seismic
crews to provide services outside of China. In 1997
IAE opened offices in West Africa for the specific purpose
of securing contracts with Foreign Oil Exploration Companies
for Chinese service crews. IAE succeeded in securing
seismic and drilling service contracts for the Chinese
crews. In addition to the drilling contracts consummated
in West Africa, IAE was instrumental in obtaining contracts
for eight Chinese drilling rigs and crews in South America.
Due to unfortunate
legal problems with former IAE staff in our Beijing
office, all Chinese business operations are presently
being conducted through IAE’s Corporate Office
in Houston, Texas. IAE continues to maintain an active
presence in the international petroleum business by
supplying state of the art equipment and petroleum services.
IAE presently
has many opportunities to provide seismic and drilling
services in the Mid East and Africa. Which we are unable
to supply due to the scarcity and high prices of equipment
such as drilling rigs. IAE has colleagues in both the
governments and state owned oil companies operating
in the Mid East and Africa who are considering founding
indigenous service companies to which IAE would be the
technical partner to source equipment and personnel.
IAE is actively
seeking Chinese companies who wish to export their equipment
and personnel to the international market place. Should
this be of any interest to your organization please
do not hesitate in contacting the undersigned or directly
to your IAE Representative.
Thanks and Kind
Regards,
Dave Howe
President
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