EGYH establishes EnergyVest 1 Bahamas

Energy Holdings International Inc.

Energy Holdings International Inc. (OTC-PINK: EGYH) has incorporated and established EnergyVest 1 for the benefit of the joint venture with Rasan Energy Holding Co. (KSC) whereby Rasan will provide $60 million investment funds for the acquisition of proven oil and gas properties in the US and Canada.

The joint venture will be owned 50/50 between Energy Holdings International and Rasan Energy Holding, and will be jointly owned and operated via the new holding company EnergyVest 1.

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