During recent years of the new century

Shengli oilfield Company has practised the strategy of resource expanding

insisted on the precept that exploration is the top of the most important things

and persisted in the exploration policy of keeping old prospect stable

intensifying the new area

laying equal stress of oil and gas

and realizing development

as well as the principle of the integration of inverstment

oil reserves

workload

cost and benefit

aimed at the positive circulation of exploration theory

target

well-site and oil reserves

gone step further in animating idea

speeded up theory construction

strengthened technology tackling

a number of new breakthroughs and advances have been achieved

while the result is the fact that oil reserves increase steadily

and the robust base has been laid for the following two years of the tenth five-year-plan.