Mongolia Energy Corporation Limited is an investment holding company. The Company, along with its subsidiaries, is engaged in energy related resources sector. As of March 31, 2011, the Company owned approximately 330,000 hectares of concession areas in Western Mongolia at Khushuut, Darvi, Gants Mod, Olon Bulag, Govi-Altai and Banyan-Ulgii for coal, ferrous and non-ferrous metals resources. The Companny also has an interest in an oil and gas project in Southern Mongolia. The Company鈥檚 principal project is the Khushuut Coking Coal Project located in Khovd province, Western Mongolia. The Company operates through coal mining business segment. On September 1, 2010, the Company disposed of its 100% interest in Business Aviation Asia Group Limited and its subsidiary to Wellington Equities Inc. Its subsidiaries include Gamerian Limited, Virtue Team Investments Limited, MoEnCo LLC and Mongolia Energy Corporation.