Petroceltic International plc (Petroceltic) is an international oil and gas exploration, development and production company. The Company focuses to discover and acquire assets with material hydrocarbon resource and to exploit these assets. The geographical focus is Middle East-North Africa (MENA), the Mediterranean basin and the Black Sea. As of November 7, 2012, the Company had operations in Algeria, Bulgaria, Egypt, Italy, Kurdistan Region of Iraq and Romania. Oil and gas exploration is focused in Algeria, Kurdistan Region of Iraq, Romania, and Italy. The Company's development and production operations are located in Bulgaria and Egypt. The Company also has a royalty from certain Kinsale Gas Fields in Ireland.