Summary of licences

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Aquitaine Basin

Claracq

Celtique Energie Ltd 100%

CEL

Nov 06

463

Jura

Les Moussieres

Celtique Energie Petroleum Ltd 100%

CEPL

Mar 08

3269

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Zechstein Basin

Guben

Celtique Energie GmbH 100%

CE GmbH

Nov 08

295

Zechstein Basin

Pillgram

Celtique Energie GmbH 100%

CE GmbH

Jul 07

938

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Bradano Basin

Fontana Autuno

Celtique Energie Petroleum Ltd 100

CEPL

Notified for award (awaiting Decree)

80.82

Bradano Basin

Torrente Alvo

Celtique Energie Petroleum Ltd 100%

CEPL

Notified for award (awaiting Decree)

84.34

Bradano Basin

Monte Negro

Celtique Energie Petroleum Ltd 100%

CEPL

Notified for award (awaiting Decree)

287.7

Veneto Basin

Carità

Celtique Energie Petroleum Ltd 100%

CEPL

Notified for award (awaiting Decree)

529

Celtique Energie Petroleum Ltd has been recommended for award of these licences by C.I.R.M. (the Hydrocarbons & Mining Resources Committee) and the Ministry of Economic Development through the Ufficio Nazionale Minerario per gli Idrocarburi e la Geotermia (U.N.M.I.G.), formal award of the exploration licences await approval from the Conference of Services, a summit of all concerned Public Bodies, the Regions, and a positive Environmental Impact Assessment (E.I.S.). When this is received final approval from the Ministers Council is required before the licence is formally awarded.

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Zechstein Basin

Laski

Celtique Energie Poland Sp. z. o.o.100%

CE Poland

Aug 08

242

Zechstein Basin

Block 242

Celtique Energie Poland Sp. z. o.o. 100%

CE Poland

Oct 07

533

Zechstein Basin

Block 243

Celtique Energie Poland Sp. z. o.o. 100%

CE Poland

Oct 07

957

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Eastern Romania

Grivita

Celtique Energie Petroleum Ltd 50% and Expert Petroleum 50%

Expert

Petroleum Agreement (awaiting ratification)

3

South West Romania

Stoeinita

Celtique Energie Petroleum Ltd 50% and Expert Petroleum 50%

Expert

Petroleum Agreement (awaiting ratification)

3

Concession award subject to Parliament ratification

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Jura

Leman Vallorbe

Celtique Energie Ltd 100%

CEL

May 06

802

Jura

Neuchatel

Celtique Energie Petroleum Ltd 100%

CEPL

Mar 08 (exclusive rights)

803

Region

Licence

Licence Holder

Operator

Award Date

Size (km²)

Cheshire

PEDL 197

CEPL 100%

CEPL

Jul 08

200

East Midlands

PEDL 182

CEPL 50% and Egdon Resources PLC 50%

Egdon

Jul 08

40

East Midlands

PEDL 201

CEPL 50% and Egdon Resources PLC 50%

Egdon

Jul 08

100

East Midlands

PEDL 241

CEPL 50% and Egdon Resources PLC 50%

Egdon

Jul 08

110

Southern England

PEDL 231

CE Weald 50% and Magellan Petroleum (UK) Ltd 50%

CE Weald

Jul 08

400

Southern England

PEDL 232

CE Weald 50% and Magellan Petroleum (UK) Ltd 50%

CE Weald

Jul 08

94

Southern England

PEDL 234

CE Weald 50% and Magellan Petroleum (UK) Ltd 50%

CE Weald

Jul 08

300

Southern England

PEDL 243

CE Weald 50% and Magellan Petroleum (UK) Ltd 50%

CE Weald

Jul 08

300