Celtique Energie

Jura

Les Moussières

The sub-soil also contains several Jurassic prospects with high potential.

The license of Les Moussières was awarded to Celtique in March 2008 for a period of five years. It is located in the departments of Ain and Jura and covers an area of ​​1599 sq. km.

The sites of Chandelière, located in the municipalities of Corcelles and Lantenay, have indicated the presence of oil from wells drilled several decades ago, however they were not considered commercially viable at that time. With the increase in energy demand and the developments in technology it is now possible to exploit these reserves and an appraisal well is planned in 2015. Proximity to the refinery Lyon may be the best option to distribute this energy resource at the local level.

Further information on the Les Moussières permit and our planned operations there can be found on our dedicated project website via the link below:

www.celtique-ain-jura.fr/

Pontarlier

The permit of Pontarlier was obtained in September 2010 for a period of five years. It covers an area of ​​1470 km² in the department of Haut Doubs.

Celtique is currently conducting geological studies to evaluate the potential presence of hydrocarbons, located in the Buntsandstein sandstone (geological period of Triassic).

France: Jura

Name

Eqty
%

Holder

Operator

Partner

Awarded

Expiry

Gross
km2

Net
km2

Les Moussieres

100

CEPL

Celtique

4 Mar 08

4 Mar 18

1,599.0

1,599.0

Pontarlier

100

CEP SARL

Celtique

30 Sep 10

30 Sep 15

1,470.0

1,470.0

TOTAL

Gross: 3,069.0km2
Net: 3,069.0km2

CEP SARL = Celtique Energie Petroleum SARL
CEPL = Celtique Energie Petroleum Ltd

Operations in Les Moussieres

Operations in Les Moussieres
(Click to zoom in)

Operations in Ponterlier

Operations in Ponterlier
(Click to zoom in)

By committing to operating at the highest standards and working openly with local communities, we aim to give countries the means to develop their own resources