Clear Company Strategy
A focused project-development company – Finding value others have overlooked
Marque Oil and Gas focuses on opportunities in mature basins where existing knowledge, infrastructure and new technical thinking can unlock resources that have remained undeveloped.
The company operates through a lean specialist structure. Early technical work defines the opportunity and development pathway, with project-specific capital raised when licences and work programmes support investment.
Experienced Team
A technically experienced management team
All three directors are Geophysicists with over 120 years of global experience in the Oil and Gas Business.
The directors have over 80+ years combined experience working for BP, globally and in the UK.
In addition, the directors have worked for major technical contractors, consultancies and for the UK Oil and Gas regulator (The North Sea Transition Authority)
The company directors combine geophysical technical expertise with decades of business management experience
Core Values
Honesty, integrity, transparency, safety and responsible environmental stewardship
These core principals determine the conduct of the Company and have defined the directors behaviors throughout their professional careers.
We believe that transparency and accountability are essential. We welcome appropriate scrutiny of our work and our views, and we remain committed to engaging openly, professionally and respectfully with regulators, stakeholders and the communities affected by our activities.
Safety is a fundamental requirement of working in the oil and gas industry. We fully understand that responsible operations depend upon rigorous standards, continual learning and an uncompromising commitment to protecting people and the environment.
Corporate History
Previous Licence holdings
Marque Oil and Gas successfully applied for a Promote Licence in the UK’s 30th Licensing Round in 2017. Licence P2409 covered the Freya and Fulla discoveries West of Shetland, close to established North Sea infrastructure.
The licence was later relinquished, but the work demonstrates the company’s ability to identify, evaluate and progress material offshore opportunities within a formal licensing environment.
The Licence was relinquished in 2021
Current Activity
The journey to the Isle of man
We have been evaluating and ranking UK prospective licence areas for stranded opportunities since 2016 and have identified a portfolio of opportunities within the UKCS.
We have had a focus on the northern part of the East Irish Sea since 2017, with a detailed comprehensive review of all East Irish Sea wells and analogous Southern North Sea wells. We have reviewed all available basin analysis reports and used all available public domain seismic data to map the entire basin.
We have concluded that there is a potentially significant gas resource in the waters of the Isle of Man.
This is the culmination of nearly ten years work.
But it is still only the start of the journey.
Before development, the gas field must be properly appraised to determine if the gas is present in sufficient volumes for an economic developement.
Furthermore, the gas field lies underneath the planned Mooir Vannin wind farm and cannot be appraised or developed once the wind farm is in place.
We are seeking a licence to appraise the gas field before a wind farm development is installed.