SK Energy

Capital Expenditure and Future Plans

Capex Data

SK Energy plan on investing KRW 544 billion in their E&P business in 2007, and will continue to invest around the world in order to achieve their goal of securing proven reserves of one billion bbl by 2015.

Future Plans

• For 2007, SK Corp. has set a sales target at KRW 23.085 trillion, slightly less than 2006.
• Operating profit goals are set at KRW 1.424 trillion, up KRW 256.2 billion from 2006
• The company's Petroleum sector expects to see improvement in refining margins due to stabilization of oil price and decline in shipping costs.
• In 2007, SK Corp. plans to invest KRW 928 billion in petroleum exploration and light oil desulfurization facilities.

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