Beacon Energy plc is a United Kingdom-based international upstream oil and gas company. The Company is focused on oil and gas development and production around the world. It is focused on the portfolio of producing fields, further development of the Erfelden field, appraisal and development of the Steig and Graben discoveries. The Company owns Rhein Petroleum Assets, which holds a 100% interest in the Schwarzbach Production License, covering approximately 8.8 square kilometers (2,184 acres) in the Schwarzbach license which sits in the German state of Hessen. Rhein Petroleum holds a 50% non-operated interest in the Lauben license covering 6.7 square kilometers (1,648 acres) in the German state of Bayern. Its Steig discovery sits in the Graben-Neudorf license in the German state of Baden-Wurttemberg. The Graben discovery sits in the Karlsruhe-Leopoldshafen license in the German state of Baden-Wurttemberg.