Union Jack Oil plc (UJO) said it had reached net revenues of $7,000,000 (£5.7m) from the Wressle hydrocarbon joint venture development in North Lincolnshire. JOINT VENTURE The company holds a 40% economic interest in the project, which lies in PEDL180 and PEDL182, along with operator Egdon Resources plc (30%) and Europa Oil & Gas (Holdings) […]
Tag: Europa Oil & Gas (Holdings) plc
Europa Oil & Gas appoints new advisers
Europa Oil & Gas (Holdings) plc has appointed three new advisers with immediate effect. COMPANIES These include Strand Hanson Ltd as the company’s nominated and financial adviser; Tennyson Securities as sole broker; and Vigo Consulting as communications adviser.
Europa Oil & Gas grants share options to CFO
Europa Oil & Gas (Holdings) plc has issued options to its chief financial officer and executive director. The company has issued options over a total of 3,721,000 ordinary shares of 1 penny each to Will Holland under the company’s enterprise management incentive (EMI) share option plan. The share options have an exercise price of 2.31 […]
i3 awards Serenity appraisal well drill contract
i3 Energy plc has awarded Petrofac the contract to drill the Serenity appraisal well in the Outer Moray Firth. STENA DON Petrofac Facilities Management Ltd will have three years to work on licence P2358 block 13/23c. PFML has an existing contract with Stena Drilling Ltd for the use of the Stena Don, a harsh environment, […]
Europa appoints Will Holland as CFO-executive director
Europa Oil & Gas (Holdings) plc has appointed Will Holland as chief financial officer (CFO) and executive director effective 1 June 2022. He has been consulting for Europa since November 2021 and orchestrated the equity raise for the Serenity farm-in, and will now join full time. Mr Holland’s career spans more than 25 years in […]
i3 Energy signs Serenity farm-in deal with Europa
i3 Energy plc has signed the farm-in agreement with Europa Oil & Gas Ltd for the UK Seaward production licence P2358, block 13/23c (Serenity) in the Outer Moray Firth area of the North Sea. DRILL DATE Following the farm-out, i3 will retain a 100% working interest in the remainder of Block 13/23c which contains the […]