Europa Oil & Gas (Holdings) plc has appointed Eleanor Rowley to the board as independent non-executive director with immediate effect. Dr Rowley’s experience is in the upstream energy sector working as a geoscientist in both exploration and development projects. She is a proven hydrocarbon finder, having made multiple discoveries in India, Cyprus and Middle East […]
Tag: Europa Oil & Gas (Holdings) plc
Europa CEO purchases 541,000 shares
Europa Oil & Gas (Holdings) plc chief executive officer William Holland has purchased 540,939 ordinary shares of £0.01 each in the company at a price of 1.07 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 3,367,844 ordinary shares, representing approximately 0.351% of Europa’s issued share capital.
Europa given more time for Cloughton appraisal
Europa Oil & Gas (Holdings) plc has been allowed more time to appraise the Cloughton gas discovery, within licence PEDL343, on the North Yorkshire coast. ESTIMATE The North Sea Transition Authority granted an extension to the licence’s initial term until 20 July 2026 and a further two years of the second term to 20 July […]
Europa given time to study Inishkea
Europa Oil & Gas (Holdings) plc has been granted a two-year extension to Phase 1 of FEL 4/19, containing the Inishkea prospect, in the Slyne basin offshore Ireland. During the period, the operator intends to carry out further technical studies and secure a partner to develop its 100%-owned 945km2 licence. The primary target is the […]
Europa cancels 13m share options and grants 50m
Europa Oil & Gas (Holdings) plc has cancelled 13 million enterprise management incentive share options and granted 50m new options of which a portion will replace those cancelled. REVIEW The company said that the remuneration committee had agreed with a third-party independent review that the remuneration packages for employees and directors was “no longer appropriate”. […]
Wressle-1 averages 665bopd with pump rates in review
Wressle-1 well production is currently averaging 665 barrels of oil per day at the onshore joint venture in North Lincolnshire. MAXIMISATION Operator Egdon Resources UK Ltd (30%) continues to evaluate the reservoir response to increased pump rates, approved by the Environment Agency, within PEDL180/182 . Union Jack Oil plc (40%), which today reported US$18 million […]