Korea National Oil Corporation has deemed the Daewang Whale offshore gas project economically unviable after drilling revealed only 6% gas saturation, far below expectations, raising questions over the project's future and prompting calls for further investigation.
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Development Budget Increased, but Korea National Oil Corp. Rates 'Daewang Whale' Project as 'Very Low' in Economic Viability

Korea National Oil Corporation has deemed the Daewang Whale offshore gas project economically unviable after drilling revealed only 6% gas saturation, far below expectations, raising questions over the project's future and prompting calls for further investigation.

Yonhap Infomax
Presidential Office defends Daewang Whale gas project, emphasizing need for continued exploration despite initial economic viability concerns
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https://en.infomaxai.com/news/articleView.html?idxno=50082
Presidential Office - 'Daewang Whale Project Not a Complete Failure... Further Exploration Needed for Remaining Structures'

Presidential Office defends Daewang Whale gas project, emphasizing need for continued exploration despite initial economic viability concerns

Yonhap Infomax