The Polish Exploration and Production Industry Organization - Employers Union

00-895 Warszawa
ul. Biała 4

Tel./Fax: +48 22 620 06 49

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Celtique Energie Poland

Celtique Energie PolandCeltique Energie is an independent upstream Exploration and Production company with a focus on onshore Europe. Celtique adopts innovative technical approaches to define viable oil and gas prospects by combining existing and newly acquired data, and drilling and developing new resources in an environmentally responsible manner. The Company’s portfolio consists of 22 licences, (16 of which are operated by Celtique) in 7 European countries. The acreage contains undeveloped discoveries, material shale gas and shale oil positions and high impact exploration prospects.

Celtique has a 100% operated interest in 2 licence positions in Poland which lie in the southwest of the country, adjacent to the German border. The licences lie within the eastern end of the South Permian Basin. The exploration objective is the Permian Zechstein carbonate which is the main reservoir horizon at the BMB and Lubiatow discoveries which lie on trend. The carbonates are sourced by the rich oil-prone Zechstein shales and sealed by thick overlying salts and anhydrites.

During January 2011, Celtique shot 102 km of 2D seismic over the Laski permit to firm up leads which were identified on existing seismic data.
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