| Growing into a global leader in the industry with next generation business solution in resource & energy development, Yedang Energy! |
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Acquired information on prospective oil field in Russia |
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Acquired information on VINCA and conducted internal review |
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Entered MOU with VINCA |
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Performed feasibility study on the site by Korea Oil Corporation and technical review on oil deposits |
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Performed due diligence on financial and legal aspects for VINCA |
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Entered Master S&P Agreement with VINCA |
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Entered Stock S&P Agreement with VINCA |
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| - Located in Oktyabrskiy, Bashkortostan |
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- License No.: 14021 NE
- Project Title: Tarkozingsko-Chegodaevsk
- Area: 195km2 (30km x 7km) |
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| - Daily Production Amount: 20 tons |
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