The owner of Act-Geo, a US-based geoscience research company, announced plans to travel to South Korea to discuss the country's new offshore oil and gas exploration project on the east coast. This decision follows President Yoon Suk Yeol's announcement that South Korea intends to pursue the project in the East Sea, prompted by a study suggesting significant oil deposits in the deep sea off the coast of Yeongil Bay in Pohang. Act-Geo had conducted a study for the government in February last year, estimating the potential gas and oil reserves to be between 3.5 billion and 14 billion barrels. Vitor Abreu, the owner of Act-Geo, confirmed his travel to South Korea for discussions with the Korea National Oil Corp. and government officials. However, questions have been raised about the legitimacy of Act-Geo, as claims surfaced online regarding the company's headquarters being a residential house in suburban Houston, and its official website becoming inaccessible after the government's announcement. In response to the controversy, the KNOC issued a press release detailing Abreu's extensive background in deep sea exploration, citing his 30-year career and previous leadership roles at ExxonMobil and the American Association of Petroleum Geologists. Additionally, the KNOC highlighted Abreu's involvement in the exploration of a major deep-sea oil field in Guyana during his time at ExxonMobil.