DeRun Energy Co., Ltd is the international business company of Shandong Luhai Petroleum Technology Co., Ltd. (Stock Code:832799)

Shandong Luhai was founded in year 2008, which is a high-tech enterprise of producing drilling equipments and tools. Main products involve in well drilling, well cementing, well completion, and oil extraction, including more than ten series, hundreds of varieties of drilling equipment, accessories and tools. Especially, downhole motors, drilling pipes, collars, drilling bits and other core products obtain more than 20 national utility model patents. Shandong Luhai is also an integrated service enterprise of providing directional well, horizontal well and geothermal well drilling service in oil and gas industry.

The company covers an area of 18 acres and located in Dezhou City, Shandong Province in the Northeastern Region of China，with convenient travel distance to Beijing (40 mins by train), which is close to Manzhouli railway hub as well as Tianjin sea port. The company employs nearly 300 people, of which over 40% are professional and technical personnel having the national certificates. Since 2013, the company has been closely cooperated with China Petroleum University, Yangtze University, Shenyang University of Technology, Sinopec Research Institute of Petroleum Engineering, CNPC Drilling Research Institute and many other scientific research institutes, to ensure the technical sophistication of products.