UK Energy Systems Limited

UK Energy Systems, Limited (UKES) is a UK-based energy company specializing in natural gas exploration, production and transportation as well as related power generation. The UK is the world’s third largest consumer of natural gas. UKES is the newest and largest subsidiary of U.S. Energy Systems, formed in August 2006 with the completion of a series of acquisitions.

Headquartered in Knapton, UKES owns and operates Viking UK Gas Ltd., founded in 1979. The company currently owns the licenses to six proved gas fields (four developed and producing, and two undeveloped). All existing reserves are located in the North Yorkshire region of the UK. In addition, UKES owns all the associated collection, transportation and processing facilities for the proved fields, as well as a 42 MW single cycle, LM 6000 gas turbine powered by the fields' produced gas. UKES has an existing commercial agreement with ScottishPower via long-term power purchase and gas sales agreements.

UKES's objectives for the North Yorkshire project are to maximize the efficiency and power production of the gas turbine, maximize natural gas production from its producing and undeveloped gas fields, and ultimately to sell natural gas into the UK wholesale market. UKES has clear strategies for achieving each of these objectives.

Led by an experienced, world class management team, UKES is also examining a variety of long-term and strategic growth opportunities, including:
		Further natural gas exploration and production from regional on-shore unexplored reserves.
		Potential tolling arrangements.
		Vertically integrating the company into the natural gas value chain.