Anton Oil Field Services Group

Drilling
HK: 3337
China
Anton Oil

As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list Anton Oil on its list of “Continued Examination Companies with Petroleum Energy activities in Iran.”  The SBA continued examination category is defined as “At least one External Research Provider indicates that a company meets the classification of a Scrutinized Company as defined by the PFIA as set forth in Section 215.473, (1)(5)1., 2., or 3, Florida Statues [Sudan] or Section 215.473(t)1, Florida Statute [Iran]. In other words, the External Research Providers do not agree on the status of a company and the SBA is unable to definitively categorize the company’s activities as scrutinized without further research to resolve the differences. For companies classified as “Continued Examination,” the SBA will begin an engagement process to clarify each firm’s current business relationships.” 
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As of December 31, 2019, the Alaska Retirement Management Board lists Anton Oil as a company doing material business with Iran.  

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In 2018, the California State Teachers Public Employees Retirement System (“CalSTRS”) identified Anton Oil as potentially having ties to Iran for providing oil and gas oilfield equipment to Iran and began the review process. In 2019, CalSTRS removed Anton Oil as it no longer held any of the company’s securities and subsequently restarted the review after shares were acquired. 

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Anton Oilfield Services is listed on the 2019 Rhode Island list of businesses doing business with Iran. 

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On March 13, 2019, the Mississippi Department of Finance & Administration identified Anton Oil as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”
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Anton Oilfield Services is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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Anton Oilfield Services is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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In December 2018 Florida listed Anton Oilfield Services on its continued examination list of companies with petroleum energy activities in Iran.

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Anton Oilfield Services was identified as potentially providing oil and gas oilfield equipment to Iran. In 2018, CalSTRS identified Anton Oilfield Services as potentially providing oil and gas oilfield equipment to Iran and began the review process.

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In 2017, the U.S. state of Alaska, Florida, Rhode Island, South Carolina and Tennessee listed Anton on their state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Anton ineligible for investment and/or state contracting.

"Please kindly note that we have relevant company policy prohibiting the company from engaging in business activities in Iran. Upon receipt of your letter, we've conducted internal review and confirm we are not engaged in business activities in Iran." (7/29/2020)