Celtic’s aim is to achieve profitable growth by generating exploration plays that have multi-zone hydrocarbon potential.
We take a balanced approach to capital spending, and day-to-day operations thrive on clear leadership, close teamwork and financial discipline. The Company’s capital program is funded through prudent use of bank debt, share equity offerings and internally generated cash flow from operations.
Celtic Exploration chooses oil and gas assets with an eye to the future. We seek profitable production for today, and dramatic upside for tomorrow.
We at Celtic Exploration have purpose-built the company to thrive by building an asset base with high netbacks and a long reserve life. This approach has secured an inventory of exceptional assets.
Since our founding in 2002, Celtic has been adept at expanding production, net asset value per share and funds from operations per share.