Energy Holdings Group

Energy Holdings Group, Inc. (EHG) established in Feb., 2004 is the first energy resources development services company in Korea. EHG's services include financial & technical project evaluation, acquisition & brokerage, strategic field development planning, fund raising & financing, investment & project management consulting as well as engineering and economic research on various mineral resources & energy projects. EHG also supports E&P (Exploration and Production) companies, industry organizations, investment agencies and governmental body in decision making of critical investment strategies and operational decisions on oil and gas project.

Recently, Korean government is trying to do its best to encourage financial institutions in Korea such as banks, securities, insurance companies to involve in energy projects worldwide. As such, it is heating up to invest in E&P businesses including commodity itself as well as financial index based on energy & commodity.

Meantime, the Ministry of Knowledge Economy successfully made its 1st Oil Development Fund on Nov., 2006 with aim to capture energy resources and to ease down the pressure of excessive liquidity in domestic financial market. The 60% of the required money for the fund was drawn from retail investors, and the rest was from major institutional investors. During the only two days of offering period for the fund, approximately U$ 460 MM were subscribed (while the required size originally set at U$ 214 MM). This proves that the nation’s strong interests in fresh & ‘high risk/high return’ type of investment such as E&P business. EHG was awarded as the official technical advisory company of this fund.

EHG has conducted various research and investment consulting services on many oil & gas projects in USA, Kazakhstan, Ecuador, Peru, Libya, Vietnam, Cambodia, Russia and Oman. EHG have launched the country’s first E&P private equity fund (PEF) for Texas Barnett shale producing property whose investors are major financial institutes in Korea. EHG is to give consultation about the technical side of the fund's investment for additional field development. As of Dec. 2009, EHG has conducted investment advisory services for major Korean bank, conglomerates, etc. for the acquisition and investment of E&P projects with the total size of USD430Mil. Korea is the 5th largest oil-importing country in the world with increasing interest in overseas E&P business.