i3 Energy plc has agreed 25% non-operated working interest farm-in for the Serenity oil discovery to Europa Oil & Gas (Holdings) Ltd. DISCUSSIONS Europa’s interest is in a sub-area of licence P2358 Block 13/23c, containing Serenity, for which it recently raised £7 million. The company will fund a 46.25% paying interest for one appraisal well […]
Tag: Europa Oil & Gas plc
Europa raises £7m via discounted placing
Europa Oil & Gas (Holdings) plc has conditionally raised £7.02 million, before expenses, to fund a new acquisition in the North Sea. DISCOUNT The company added that this was at a 21.7 % discount to the 30-day volume weighted average share price on 2 March 2022. A Primary Bid offer, announced yesterday, is a separate and distinct offer, […]