About Us

Composite Energy was founded in 2004 with a strategy of developing a Coal Bed Methane (CBM) industry in the UK and Europe.

Funded privately, including direct investment from The Royal Bank of Scotland, Composite Energy has an experienced management team, strong partnerships, and a unique approach to developing a CBM business. Composite is actively pursuing plans to develop this indigenous source of energy in the UK and elsewhere in Europe.

The Company holds a licence, PEDL 133, covering coalfields across a large area within the Central Belt of Scotland. The CBM is at depths of 900 metres where the coals are water-saturated and considered unmineable. To allow the CBM to flow to the surface, the water in the coals has to be removed first. See our section on Coal Bed Methane for more information on the process.

Composite Energy uses its own mobile drilling rigs to provide operational flexibility. The rigs are on-site for a relatively short period of time and the wellsites have a small footprint.

The Company drilled its first appraisal well in November 2004 and expects to begin production of CBM in early 2008 from its Airth Pilot Development. In 2007/2008, Composite Energy is undertaking 2 parallel appraisal programmes of 6 wells each.

In March 2007, the company announced a project to be conducted by Imperial College and Strathclyde University to evaluate the potential for injecting flue gas into the coals as a method of CO₂ storage as well as enhancing the recovery of CBM. The study is co-funded by Composite Energy, BG Group, Scottish Power and The Royal Bank of Scotland.

With a strong emphasis on safeguarding the environment and working with local communities, Composite is building a substantial business to provide new choices for the energy industry in the UK and Europe.