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Yanchang Petroleum International Appoints Mr. Bruno Guy Charles Deruyck As Government Director And CEO

Mr. Bruno Guy Charles Deruyck as Government Director and CEO
air group(30 September 2016, HONG KONG) Yanchang Petroleum International Restricted (“Yanchang Petroleum International” or the “Firm”, together with its subsidiaries, the “Group”; stock code: 00346), broadcasts as we speak that the Group has appointed Mr. Bruno Man Charles Deruyck as Executive Director and Chief Government Officer with effect from 1 October 2016.

Previous to becoming a member of Yanchang Petroleum International, Mr. Deruyck is the Vice President for Business Improvement and New Ventures at Schlumberger Production Administration (SPM) from 2009 to 2016. Schlumberger Group (NYSE: SLB) is the world’s largest oilfield companies firm. Mr. Deruyck also held varied managerial roles, including Technical, Operational and Enterprise Improvement when he worked in Perenco (1996-2009), a personal Oil & Gas Company, contributing to its outstanding and impressive observe information in enterprise growth. With his 35 year profession in oil and gas industry, Mr. Deruyck brings a wide exploration and production trade perspective in addition to beneficial experience in operations and enterprise growth.

Mr. Li Yi, Chairman of Yanchang Petroleum International, mentioned, “Mr. Deruyck brings valuable expertise and insight to our Group and shall be an asset to the administration group. His knowledge in exploration and manufacturing industry and international experience will likely be invaluable as we look to additional expand our business scale and grow our presence globally.”

Mr. Deruyck holds a Mechanical Engineering Diploma from Ecole Centrale de Lyon (France) and cost of shipping crude oil by tanker a MSc. in Petroleum Engineering from Stanford College (US).

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About Yanchang Petroleum International (inventory code: 00346)
Yanchang Petroleum International is principally engaged in the next activities (i) investment in oil, natural fuel and vitality related enterprise; (ii) exploration, exploitation and operation of oil and gas; and (iii) gas oil buying and selling and distribution. In its upstream operations, Yanchang Petroleum International possesses working oilfields in Saskatchewan and Alberta, Canada, through its wholly owned subsidiary Novus Power Inc. a Canadian enterprise. Novus engages within the enterprise of acquiring, exploring for, growing and producing crude oil and natural cost of shipping crude oil by tanker gasoline. In its downstream operations, Yanchang Petroleum International is principally engaged in wholesale, retail, storage and transportation of oil merchandise by way of its 70% owned subsidiary, Henan Yanchang Petroleum Sales Co. Limited, and which has been granted valid licenses for distribution and sales of oil merchandise in China.

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