United Energy Group Limited

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Description


United Energy Group Limited, an investment holding company, engages in oil, natural gas, and other energy related businesses. It operates in Exploration and Production, Oil Exploitation, and Oilfields Supporting Services segments. The Exploration and Production segment engages in the exploration and production of crude oil and natural gas in Pakistan. The Oil Exploitation segment is involved in the production of crude oil in the People's Republic of China (PRC). The Oilfields Supporting Services segment provides oilfield support services using patented technology. As of December 31, 2012, the company had 9 onshore concessions and 5 offshore blocks with total area consisting of 41,003 km2 in Pakistan; and an interest in the Enhance Oil Recovery Project in Liaohe, the PRC. In addition, it provides administrative services. The company is based in Admiralty, Hong Kong.

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