Trap Oil Group PLC
Trapoil is an independent UK oil and gas exploration, appraisal and production company with a geographic focus on the UK Continental Shelf (UKCS).
Our business model is to partner with major oil industry companies and utilize Trapoil’s technical expertise to identify opportunities to acquire exploration and appraisal interests in UK North Sea Licences. In return we secure valuable carried interests alongside our working interests. Trapoil’s most recent partnership includes TAQA Bratani UK Limited (“TAQA”), CIECO Exploration and Production UK Limited (“CIECO”) and Japan Petroleum Exploration Co., Limited (“JAPEX”). The partnership will focus in particular on applying for Licenses in respect of exploration and appraisal opportunities in DECC’s forthcoming UK 28th Licensing Round. Other major suppliers and consultants include CGG Services Limited (“CGG“) and Applied Drilling Technology International.
Trapoil’s asset portfolio currently comprises 11 licences and 33 blocks and part blocks in the UK Continental Shelf (“UKCS”).