Anton Oil Field Services Group
ir@antonoil.com
As of March 9, 2021, Anton Oilfield Services Group remained on the Florida SBA List of Continued Examination Companies with Petroleum Energy Activities in Iran.
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As of December 2020, Rhode Island continues to list Anton Oil as an Iran scrutinized company for active involvement of at least $20-50 million in Iran's energy sector.
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In 2020, the U.S. state of Mississippi listed Anton Oilfield Services on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering ADKL ineligible for investment and/or state contracting.
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"The company has been identified as potentially providing oil and gas field equipment in Iran. In 2019 CalPERS designated the company as under review. In 2020 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS continues to monitor the company for possible changes in status relevant to the Act."
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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 having ties to Iran and began the review process. In 2019, CalSTRS removed Anton Oilfield Services as it no longer held any of the company’s securities and subsequently restarted the review after shares were acquired. In 2020, CalSTRS removed Anton Oilfield Services as it no longer held any of the company’s securities."
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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)
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