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Yedang Energy is…
a subsidiary of Yedang Entertainment, is growing into a global enterprise by actively pursuing resource development and energy business.
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Business Part: Kang-hyun Oh, CEO / President
Management Part: Chang-yup Jeong, CEO / President |
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| April 25, 2006 |
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| Resource & Energy Development |
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1. Purchased 70% of oil development right in Bashkortostan, Russia
(Purchased Development Area: 195km2)
2. Business Schedule
Mar - May, 2007: Completion of feasibility study on the site for purchase (conducted by Korea National Oil Corporation)
Jun 25, 2007: Due diligence on financial and legal aspects (Deloitte Anjin LLC.)
Jun 25, 2007: Submitted Oil Development Business Plan (Ministry of Commerce, Industry and Energy)
Jul 6, 2007: Entered Sale & Purchase MOU
Jul 18, 2007: Entered Sale & Purchase MOA |
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Presently, CEO/President of Yedang Energy |
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Previously, President of Korea Gas Corporation |
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Previously, President of Korea Rolling Stock Corporation |
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Previously, Commissioner of Korean Intellectual Property Office |
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Previously, Assistant Secretary of Ministry of Commerce, Industry and Energy |
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Previously, Secretary of Presidential Economic Bureau (Industry, Resource) |
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Previously, Director of Industry Policy of Former Ministry of Commerce, Industry and Energy |
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Presently, CEO/President of Yedang Energy |
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Presently, CEO/President of Yedang Entertainment |
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Previously, Financial Team Manager of Hansol CSN |
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