The East Sea is believed to hold significant potential for oil and natural gas reserves, according to Vitor Abreu, the owner and adviser of the US geoscience research firm Act-Geo. Seismic data indicates that the examined wells in the area contain all four essential components of a petroleum system. Abreu emphasized the high prospectivity of the basin during a press conference, noting that the early results have attracted attention from major international companies. Act-Geo's analysis, based on advanced 3D seismic data, has identified seven new wells with promising potential for oil and gas deposits, including the three existing wells from previous exploration efforts. Abreu explained that these prospects exhibit the key geological factors indicative of oil and gas presence: reservoir rock, seal rock, trap, and source rock. Despite the estimated 20 percent success rate, Abreu cautioned that viable hydrocarbon accumulations have not yet been directly identified in the prospects, emphasizing the inherent risk and the need for actual drilling to confirm the presence of hydrocarbons. The press conference, which aimed to clarify the Korean government's recent announcement about the survey results, included the participation of Korean officials and highlighted the potential significance of the findings for the country's energy resources.