Celtique Energie

Operations in the East Midlands

The East Midlands Basin is the main historic centre of oil production onshore England. Celtique Energie Petroleum Ltd has equity in four Petroleum Exploration and Production Licences (PEDL) in the East Midlands Basin. These licences were issued by the Department of Energy and Climate Change (DECC) as part of the UK Governments 13th Landward Licensing Round in July 2008.

United Kingdom: East Midlands

Name

Eqty
%

Operator

Partner

Awarded

Expiry

Gross
km2

Net
km2

PEDL 180

33.33

Egdon

Egdon
Europa
Union Jack

1 Jul 08

30 Jul 19

40.0

13.3

PEDL 181

25.00

Europa

Egdon
Europa

1 Jul 08

1 Jul 19

160.0

40.0

PEDL 182

33.33

Egdon

Egdon
Europa
Union Jack

1 Jul 08

30 Jul 19

19.0

6.3

PEDL 201

32.50

Egdon

Corfe
Egdon
Terrain
Union Jack

1 Jul 08

30 Jul 19

80.0

26.0

TOTAL

Gross: 299.0km2
Net: 85.6km2

Corfe = Corfe Energy Ltd
Egdon = Egdon Resources PLC
Europa = Europa Oil & Gas (Holdings) PLC
Terrain = Terrain Energy Ltd
Union Jack = Union Jack Oil Plc

PEDL 180 and PEDL 182 lie on the north flank of the basin and contain a number of oil discoveries that are being re-evaluated following acquisition of 3D seismic and the drilling and testing of the Wressle exploration well that discovered oil and gas in multiple horizons. Celtique has a 33.33% working interest in this licence which is operated by Egdon Resources PLC.

PEDL 201 is in the Widmerpool sub basin and the exploration potential of the area is being assessed following the drilling of the Burton on The Wolds exploration well. Celtique has a 32.5% working interest in this licence which is operated by Egdon Resources PLC.

PEDL 181 is located along the Humber estuary and the exploration potential of this area is being assessed following the acquisition of 2D and 3D seismic and the drilling of the Kiln Lane exploration well. Celtique has a 25% working interest in this licence which is operated by Europa Oil and Gas (Holdings) PLC.

Operations in the East Midlands

Operations in the East Midlands
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