The State Group is based in Vancouver, Canada and currently controls several private companies and publicly listed companies. Mr. Lutfur Rahman Khan is the Founder of the State Group of Companies.

State Group is an active investor and operator in the North American oil and gas sector through private companies prior to forming State Petroleum Overseas Inc. to target international hydrocarbon development opportunities.

Through State Petroleum, a 12.2 million acre oil concession, previously held by Chevron, was acquired in Sudan. Through a reverse takeover State Petroleum was acquired by Arakis Energy Corporation and Mr. Khan became the Chairman and CEO of Arakis. Arakis was a US NASDAQ listed company. Arakis drilled some 70 successful wells which took the Heglig and Unity oil fields from the 150 million barrels as defined by Chevron to 750 million barrels of proved reserves. To put the fields into production a consortium consisting of China National Petroleum Corporation (CNPC), Malaysian National Petroleum Company (Petronas) and State Petroleum was formed to build a 1,500 km., 28 inch export pipeline from the Heglig/Unity oil fields to Port Sudan. The successful completion of the pipeline was transformative for Sudan producing 400,000 bpd prior to the separation of Sudan into North and South Sudan.

State Group was actively involved in humanitarian work and social development. A 40-bed hospital was built in Heglig, Sudan and three fully equipped ambulances were provided. In addition, water wells were drilled to provide clean water to the local Heglig area population. Several schools have also been built by the Group in Africa.

State Group is supported by a team of internationally experienced petroleum geophysicists, engineers, geologists and financial analysts.