Allis-Chalmers Corporation - ACLM- Profile

Allis-Chalmers Corporation. The Group's principal activities are to provide oilfield services and equipment. The Group operates within four areas of the oilfield services and equipment market: casing related services, air compression equipment, directional drilling and rental tools. The Casing services are used during drilling and the completion phase of well. Air compression equipment provides cost-effective alternative to traditional drilling methods for certain types of reservoirs. The services provided by the Group also include emergency repair, disassembly, repair testing, parts duplication, machining, balancing, maintenance, alignment, field service, installation, startup and training. During the year the Group acquired 81% of capital stock of Jens oilfield service Inc & Strata directional technology Inc.