Gengsheng wins $3M fracture proppant contract

China Gengsheng Minerals Inc. has won a $3 million supply contract for fracture proppant products with Liaohe Oilfield, a subsidiary of China National Petroleum Corp. (CNPC). Gengsheng is to start shipping fracture proppants for Liaohe Oil field's Changqing project in Inner Mongolia immediately. The duration of the contract is until December 30, 2009. Fracture proppants are light, bauxite-based, grain-like materials that have a round and smooth surface and a quality of resisting high pressure and acid corrosion. They are used by oil and gas drillers to extract pockets of oil and natural gas scattered underground.Off White X Vapormax Flair