Petroceltic International plc is an international oil and gas exploration, development and production company. The Company has operations in Algeria, Bulgaria, Egypt and Italy. The Company holds interests in the Isarene production sharing contract (PSC) in Algeria. The Company's portfolio in Italy includes approximately two permits in the western Po Valley and over four permits in the central offshore Adriatic. The Company holds interests in approximately three producing gas fields and a future development in the Galata Exploration Block, which is located in shallow water, offshore Bulgaria, in the Black Sea. In Egypt, the Company holds interests in approximately 10 producing fields in over 10 development concessions in the El Mansoura and the South East El Mansoura concession areas. Its licenses in Italy include the Carisio Permit and the Ronsecco Permit in the Po Valley, and the B.R268.RG, B.R270.EL, B.R271.EL and B.R272.EL permits in the Central Adriatic offshore.
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