Celtic growth strategy is dual-pronged. The Company seeks to acquire assets with exploitation potential and, at the same time, implements its full-cycle exploration program.
This strategy has proved successful to date as is evidenced by Celtic’s rapid growth since commencing active oil and gas operations in September 2002.
complement this strategy, the Company has assembled a team of experienced
and qualified personnel and is well positioned financially to act
quickly on new opportunities.
Celtic believes that its growth strategy will continue to increase funds from operations per share, net asset value per share and production per share.