Enegi Oil

Enegi Oil Plc is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada and the Clare Basin in County Clare, Ireland.

The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas.

Our mission is to drive value through the identification and acquisition of oil and gas assets that can be rapidly developed into production.

Our approach is to develop our assets profitably while recognising that we have a role to play in the development of the communities in which we work and the protection of the environment in the regions where we operate.

Enegi Oil Plc was incorporated in the United Kingdom in September 2007. PDI Production Inc., the group's principal operating subsidiary, was incorporated in the Province of Newfoundland and Labrador, Canada in May 2006. The group’s working interests in Newfoundland are held through an onshore petroleum lease, PL2002-01, and two offshore exploration licenses, EL1070 and EL1116.  Working interest in Ireland is held through an onshore petroleum licensing option, ON11/1.