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News

Nov 2011

Celtique Energie Petroleum Ltd sold the wholly owned Italian subsidiary Celtique Energie S.p.A to Sound Oil plc for a total consideration of US$9.0 million. The consideration comprises US$5.0 million in cash from (cash consideration of US$4.4 million and US$0.8 million in settlement of an inter-company loan net of US$0.2 million cash held by Celtique), plus 59,003,029 Sound Oil ordinary shares to the value of US$2.5 million (locked in for between 6 and 24 months) and 32,995,553 Sound Oil ordinary shares to the value of US$1.5 million (not subject to a lock in)

Oct 2011

On 20th October the Romanian authority “Agenţia Naţională pentru Resurse Minerale” commonly known as NAMR approved the assignment of Grivita Nord and Stoeinita concessions from Celtique Energie Petroleum Ltd to the wholly owned subsidiary Celtique Energie SRL.

July 2011

The Romanian government formally ratified award of a 50% equity interest in the Grivita Nord and Stoeinita concessions.

July 2011

Egdon have reached agreement with Europa Oil and Gas Limited (“Europa”) and Celtique Energie Petroleum Ltd. (“Celtique”) to equalise working interests across contiguous Petroleum Exploration and Production Licences (“PEDL”) 180 and 182 in the East Midlands... Read more

March 2011

The additional equity transaction announced in the 11th January 2011 Press Release was completed in March 2011.

Feb 2011

The assignment of a 50% equity in the Italy Carita permits to Apennine Energy SRL together with operatorship of Carita was approved by the Italy authorities in December 2010. The assignment of a 50% interest in the Italy Torrente Alvo permit permits and the Italy Montenegro permit were approved by the Ministry in February 2011. Celtique Energie Spa remains the operator of these two Basilicata permits.

Jan 2011

Celtique Energie Holdings Limited, a London-based exploration and production company, announced that it has entered into an agreement with Avista Capital Partners (“Avista”) and a substantial European family investment office to provide an equity commitment up to $100 million, subject to receipt of regulatory consents... Read more

Oct 2010

The Italy Torrente Alvo permit was awarded by decree on 21 October 2010 to Celtique Energie Spa. The Italy Montenegro permit was awarded by decree on 6 October 2010 to Celtique Energie Spa.

Sept 2010

The France Pontarlier permit was awarded by decree on the 24th September 2010 to Celtique Energie Petroleum SARL.

July 2010

Italy Carità permit was awarded via decree on 9th July 2010 to Celtique Energie Spa.

Sept 2009

France Pontarlier permit notified for award to Celtique Energie Petroleum SARL (Operator).

Dec 2008

Italy Torrente Alvo licence notified for award (await Decree), 100% Celtique Energie Petroleum Ltd (Operator)

Oct 2008

Swiss Neuchâtel exclusive letter award, 100% Celtique Energie Petroleum Ltd (Operator)

Aug 2008

Poland concession Laski awarded, 100% Celtique Energie Poland Sp. z o.o. (Operator)

July 2008

Italy Carità licence notified for award (await Decree), 100% Celtique Energie Petroleum Ltd (Operator)

July 2008

Italy Monte Negro licence notified for award (await Decree), 100% Celtique Energie Petroleum Ltd (Operator)

July 2008

UK E Midlands PEDL 182, 201, 241 licences awarded, 50% Celtique Energie Petroleum Ltd (Egdon Resources plc, Operator)

July 2008

UK S England PEDL 231, 232, 234, 243 licences awarded, 50% Celtique Energie Petroleum Ltd (Magellan Petroleum (NT) Pty Ltd, Operator)

July 2008

UK Cheshire PEDL 197 licence awarded, 100% Celtique Energie Petroleum Ltd (Operator)

May 2008

Romania Stoeinita & Grivita Nord fields (awaiting ratification), 50% Celtique Energie Petroleum Ltd (Expert Petroleum Srl, Operator)

March 2008

France permit Les Moussières awarded, 100% Celtique Energie Petroleum Ltd (Operator)

Oct 2007

Poland concessions Blocks 242, 243, 100% Celtique Energie Poland Sp. z o.o. (Operator)

July 2007

Germany licence Pillgram awarded, 100% Celtique Energie GmbH (Operator)

Nov 2006

France permit Claracq awarded, 100% Celtique Energie Ltd (Operator)

May 2006

Swiss licence Vallorbe awarded, 100% Celtique Energie Ltd (Operator)

30 May 2006

Avista Capital Partners to invest $50 million in Celtique Energie Limited to develop prospects for oil and natural gas in onshore basins in Europe and Africa.... Read more

Celtique Energie
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Celtique Energie Ltd
Celtique Energie Petroleum Ltd
4th Floor
Newlands House
40 Berners Street
London W1T 3NA
United Kingdom
Tel: +44 20 7255 6100
Fax: +44 20 7255 6110
[email protected]