LFC Oil and Gas is a new oilfield equipment and services company, but, while new as an entity we are seasoned veterans with deep experience in the energy sector. Our holding company, US based Dynava Holdings, works closely with its well-established, highly respected Chinese partners to deliver the products and services you need for today and tomorrow.
LFC is set up under a business model utilizing the direct sale of rigs, valves, pipeline equipment including drill pipe, BOPs, drill bits, tubular products, and fittings. We are direct representatives for our manufacturers.
Through 20 years of relationship building, LFC has direct relationships with multiple divisions and subsidiaries of CNPC, Sinopec and CNOOC in China. We have entire manufacturing consortiums (Baoji, Shenli, Liahiao, Daqing, Canqhou, Hebei) who created and posses their own Intellectual Property. Each of these successful companies works diligently on our behalf to make it possible for us to offer you competitive pricing on rigs, pipeline, pipes, valves and well logging products. Under the heavy market demands of the international marketplace, in addition to attractiving pricing we offer highly aggressive time lines for delivery.
Our only service component is the leasing of crews with rigs, either in a lease-to-own scenario, or a straight lease. Future plans include expanding our offering through our other companies, Indecio and SamaConnect, for well logging and professional services, respectively.
LFC manufacturers produce products that adhere to the highest international standards such as API, ASTM, ANSI, ISO and MilSpec specifications. Successful case histories and numerous site visits to the manufacturing facilities continue to confirm the high standards we have established for LFC.
One area in which we are proactively servicing our customers is with rig operations. Included in our pricing is a rig-up team that arrives one week prior to delivery to take our customers’ crews through every aspect of rig operations. The rig-up team also assists with testing. This is only one of the many procedures we follow assure our customers they can depend on LFC's quality and functionality.
We are proud to announce that PennEnergy is the exclusive representative of LFC's onshore drilling rigs.
We are keenly aware of unscrupulous practices by a host of illegitimate manufacturers and so-called middlemen who pass themselves off as manufacturers. LFC does business in good faith. We are open and flexible to exploring the provision of innovative solutions for our prospective customers. We are happy to compare our products to anyone’s in the marketplace, and our products are guaranteed, backed up with executed contracts
Jami Huq, CEO, President
After receiving his Masters degrees in Engineering and Business, he decided to take positions in startups developing cutting edge products for the telecommunications and energy industries. Jami has been in the oil and gas sector for last 15 years having strong ties with China. Jami has been instrumental in aligning LFC to take advantage of Chinese manufacturing capabilities with LFC's intellectual property. Jami's vision for LFC is to be the premier oil and gas equipment company for emerging markets. Jami has been involved in many startups in the oil and telecommunications sector. Jami holds multiple patents and brings to LFC the know how to take LFC to the next level.
Farhan Mahmud, Interim CFO
Mr. Mahmud has many years of experience in financial management of both large and medium sized organizations. Mr. Mahmud has been working with LFC since 2006 as the primary liason between LFC and the investment community to finance large projects LFC undertakes. Under Mr. Mahmud's guidance, LFC has flourished from 2006-2012.
Hardy Guo, COO
Hardy has been in the oil and gas sector for the last 40+ years. After receiving his Masters in Engineering degree from University of Houston, Hardy worked at many American oil and gas companies as a lead architect. Hardy then went back to China and started SINOPEC DY-Wireline Petroleum Service where he retired as the Vice-Chairman. Hardy has been a highly valued member of LFC's executive team and we are proud to have such a highly talented person as part of LFC.
Zhang Erlin, Executive VP, Emerging Markets
Mr. Erlin has been in the oil and gas sector for the last 40+ years. He brings a wealth of knowledge to LFC and has been instrumental in developing LFCs China strategy. Mr. Erlin has been with CNPC for the last 30+ years finally retiring as the Co-Chairman.
Dr. Munir Huq , VP, R&D
Dr. Huq has degrees in Electrical Engineering, Chemistry and Medicine. He has been instrumental in bringing the know how for the next generation of energy products. He is doing the fundamental research at LFC for biofuels and solar energy technology.