IBA ASIA PACIFIC 2010 WINNER

IBA ASIA PACIFIC 2010 WINNER

The China University of Petroleum in Beijing emerged the Winner of the Asia Pacific Imperial Award Semi-Final, held on 19 March 2010. It was a three-cornered fight, with the other two teams being the the University of Indonesia and the Institute Teknology Bandung, also from Indonesia.

Teams were given geological datasets as part of a “business opportunity” from an Operator who is “prepared to offer an equity stake in the acreage to the Students’ ‘company”’. The Students had to act as a New Ventures Group of an operating oil and gas company and had make a detailed assessment of the petroleum potential within the given area. They were expected to “think outside of the box” and look at new exploration models based on the most recent published research, and their given education.

The winning team of 4, comprising Jiang Ning, Zhu Xiuwen, Liu zengqin and Cui Min (from left to right in the photo), will be flown to New Orleans, to attend the International Final Competition on 9th and 10th April 2010, at the AAPG Annual Convention.

From all of us in the Asia Pacific region, we would like to wish them the best of luck at the finals.