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Trap Oil Group PLC

United Kingdom

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Trapoil is an independent UK oil and gas exploration, appraisal and production company with a geographic focus on the UK Continental Shelf (UKCS).

Trapoil was created in 2007 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills. Since then, we have utilised a research-led, knowledge-based approach to identify a number of promising exploration and appraisal opportunities. More recently Trapoil has been qualified as an operator by the Department of Energy and Climate Change (“DECC”).

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”).

 

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