The Wressle oil joint venture will continue developing the onshore well site after receiving planning permission from North Lincolnshire County Council. PRODUCTION Approval covers extension of the existing site to drill two new wells and construction of gas processing facilities and an underground gas pipeline to connect Wressle to the local gas distribution network. The […]
Tag: Europa Oil & Gas (Holdings) plc
Europa decides against renewing Serenity
Europa Oil & Gas (Holdings) plc has ruled out renewing licence P2358, containing the Serenity oil discovery, in the Outer Moray Firth. COSTS The company holds a 25% farm-in with operator i3 Energy owning 75%. After an appraisal well in 2022 showed “disappointing” results the companies began talks on the field’s potential. Europa said its […]
Europa-Antler increase EG-08 unrisked resource
Europa Oil & Gas (Holdings) plc reported a 716 bcf rise in unrisked prospective resources in EG-08 block, offshore Equatorial Guinea. EXPLORATION The increase, identified from technical data of the O-2 well drilled in 2007 by Noble Energy, takes the total gross unrisked mean prospective resources to 2.116 tcfe. Since Europa invested 42.9% stake in […]
Europa CEO buys 1.13m shares
Europa Oil & Gas (Holdings) plc chief executive William Holland has bought 1,136,016 ordinary shares of £0.01 each in the company at 1.23 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 5,023,316 ordinary shares, representing approximately 0.524% of Europa’s issued share capital. The £13,973 transaction took place today, […]
Europa declines UK offshore licence
Europa Oil & Gas (Holdings) plc has declined the offer of a licence by the North Sea Transition Authority in the 33rd offshore licensing round. OPPORTUNITIES The regulator had awarded the licence as a marriage between the company and another party. Europa declined the marriage and the full licence should NSTA decide to offer it […]
Europa CEO purchases 525,456 shares
Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 525,456 ordinary shares of £0.01 each in the company at a price of 1.02 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 3,893,300 ordinary shares, representing approximately 0.406% of the Europa’s issued share capital.