Operations in Italy

Bradano Basin Veneto

Celtique Energie operations in Italy.
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Celtique holds licences in two areas of Italy, the Veneto Basin and the Bradano Basin.

In the Bradano Basin, Celtique holds licences in two permits: Torrente Alvo and Monte Negro.

In the Veneto Basin, the Carità licence contains the Nervesa gas discovery and the depleted Arcade gas field.

Celtique were notified of award in July 2008 and the formal issue of a Decree for a six year term was awarded in 2010.

Licence Summary

Region

Licence

Licence Holder

Operator

Award Date

Size (sq.kms)

Bradano Basin

Torrente Alvo

Celtique SPA 50%

CE SPA

Oct 2010

84.34

Bradano Basin

Monte Negro

Celtique SPA 50%

CE SPA

Oct 2010

287.7

Veneto Basin

Carità

Celtique SPA 50%

Appenine

Jul 2010

529

CE SPA = Celtique SPA

Celtique Energie
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Celtique Energie Ltd
Celtique Energie Petroleum Ltd
76-78 Charlotte Street
London W1T 4QS
United Kingdom
Tel: +44 20 7255 6100
Fax: +44 20 7255 6110
[email protected]