Incorporated in 1968, Oceanic Exploration Company, through its subsidiaries, is involved in the acquisition of oil and gas concessions in selected locations worldwide. The company has interests in a number of operational projects and development properties in the North Aegean Sea, offshore Greece, the East China Sea and the Timor Gap between East Timor and Australia. The company specializes in evaluating the potential of various exploration and production activities worldwide, including a particular focus on Indonesia and Libya. Oceanic also provides management, administrative, bookkeeping, professional and consulting services to various industry entities. Oceanic Exploration is based in Englewood, Colo.