Executive Chairman and Chief Executive Officer
Under the leadership of Executive Chairman and CEO Kris Wiluan, KS Energy achieved several milestones this year, most significantly gaining a foothold in the Mexican oil and gas market. The $500 million joint venture with Mexico's Empresas ICA to provide drilling services and heavy machinery for oil and gas exploration comes hot on the heels of a proposed joint venture with Indonesia's Pertamina Drilling to expand its drilling activities in Indonesia. Wiluan started his 30-year career in the oil and gas industry as a supplier and logistics contractor for multinational oil companies operating in Indonesia. Among the several other hats he wears, Wiluan is founder and president of Indonesia's Citramas Group, president director and CEO of PT Citra Tubindo and owner of Pacific One Energy. KS Energy a posted a net profit of $320,000 in third quarter ended September compared to $14,000 in the corresponding year earlier period. Revenue was up 7.4 percent to $173.3 million.