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Friday, December 23, 2011

SinoTech Announces Unaudited Annual Sales for Fiscal Year 2011 and Provides Update on LHD Fleet

BEIJING, Dec. 23, 2011 (GLOBE NEWSWIRE) -- SinoTech Energy Limited (Pink Sheets:CTESY) ("SinoTech" or the "Company"), a provider of enhanced oil recovery ("EOR") services in China, announced today that based on unaudited management accounts for the fiscal year ended September 30, 2011, the total sales for the full fiscal year 2011 were approximately US$110 million, which falls within the range of the previous sales guidance between US$108 million and US$112 million as announced on August 4, 2011. T...continued
 

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