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China North East Petroleum Ltd. (CNEH.OB) Announces 119% Year-Over-Year Increase in Crude Oil Production for 2Q 08

China North East Petroleum Holdings Limited, a rapidly growing oil producer in Northern China, today announced preliminary crude oil production figures for the second quarter. Crude oil production increased 119% to 135,193 barrels, compared to 61,732 barrels for the same period in 2007. This also represents an 18% sequential increase over 1Q 2008.

Stock Symbol: CNEH CNEH Stock Price: $0.00 Todays Change: N/A (N/A)