Finance News Oil & Gas

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 […]

Equipment & Logistics News Oil & Gas

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, […]

News Oil & Gas

Europa strong financial results driven by Wressle

Europa Oil & Gas (Holdings) plc said it had recorded its strongest interim results since H1 2014 with a four-fold increase in revenue driven by Wressle oil production and high prices. The company has oil and gas exploration, development and production interests in the UK, Morocco and Ireland FINANCES In its interim results for the […]

News Oil & Gas

Europa ends plan to acquire Ireland licence

Europa Oil & Gas (Holdings) plc today reported the cancellation of its acquisition of the Frontier exploration licence (FEL), offshore Ireland. NOTIFICATION In June 2020, Europa announced the conditional purchase of a 100% interest in FEL 3/19 near the Corrib gas field from Norwegian company DNO North Sea (UK) Ltd. “Europa has received notification from DNO […]