Page 6 - Simon Oddie News Today

Europa Oil & Gas presents plans for Wressle oil site after receiving all necessary consents Europa Oil & Gas (LON:EOG) CEO Simon Oddie joins Proactive London to discuss the latest developments on the Wressle oil production site after announcing that all the necessary consents have been received by the Operator, Egdon Resources for the commencement of the proppant squeeze operation. The plan is now to proceed with the final stage of operations at Wressle to achieve optimum production levels from...

Europa Oil and Gas announces interim results 14 Apr 2021 Europa Oil & Gas, the AIM traded Ireland, Morocco and UK focused oil and gas exploration, development and production company, has announced its interim results for the six month period ended 31 January 2021.  Operational highlights Onshore UK - commencement of oil flow at Wressle set to transform Europas financial profile Successful and safe completion of operations to recomplete the Wressle-1 well and reperforate the Ashover Grit reserv...

  Notes Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. In terms of production, in the year to 31st July 2020 Europa produced 92 boepd. Production has the potential to increase to over 200 boepd once the Wressle field in the UK, which is currently under devel...

Highlights · Raising up to £2million via £1.5million Placing and £500,000 Broker Option primarily to fund multiple work programmes focused on: o Evaluating late-stage appraisal/development projects that would rebalance existing portfolio of production and exploration assets o Improving recovery from existing onshore UK fields including potential workovers on WF2 and WF9 wells at the West Firsby field o Continuing technical analysis a...

Europa Oil & Gas Shares Down 18% As Placing Raises Up To GBP2 Million Thu, 11th Feb 2021 11:31 (Alliance News) - Europa Oil & Gas Holdings PLC on Thursday announced it has raised GBP1.5 million in a share placing and has granted a broker option to raise up to a further GBP500,000 to fund multiple work programmes. The UK, Ireland and Morocco focused oil and gas company said the placing was for 115.4 million shares at 1.3 pence per share and that it will take place in two tranches. The first tra...

Thu, 11th Feb 2021 11:31 (Alliance News) - Europa Oil & Gas Holdings PLC on Thursday announced it has raised GBP1.5 million in a share placing and has granted a broker option to raise up to a further GBP500,000 to fund multiple work programmes. The UK, Ireland and Morocco focused oil and gas company said the placing was for 115.4 million shares at 1.3 pence per share and that it will take place in two tranches. The first tranche comprises 38.5 million shares to be admitted to AIM trading next ...

Mon, 1st Feb 2021 11:07 (Alliance News) - Oil & gas companies Egdon Resources PLC, Europa Oil & Gas Holdings PLC and Union Jack Oil PLC on Monday announced the commencement of oil flow at the Wressle oil field in North Lincolnshire, England. The Wressle oil field lies on licences PEDL180 and PEDL182, in which Europa and operator Egdon hold a 30% working interest each and Union Jack Oil has a 40% interest. Europa is a UK, Ireland and Morocco-focused oil firm, while Egdon and Union Jack Oil are f...

Egdon, better known for its involvement in fracking, also saw shares jump 5.7 per cent to 2.20p. Both firms own 30 per cent of the project. Senior partner Union Jack Oil, which owns 40 per cent, saw its stock slip 3.5 per cent. Europa chief executive Simon Oddie said: “The successful and safe completion of operations to recomplete and reperforate the Wressle-1 well on schedule, in spite of the ongoing pandemic and associated lockdown, is testament to the professionalism and expertise of the t...

1 February 2021 7:53 GMT Updated  1 February 2021 7:53 GMT in  London UK junior Egdon Resources has started oil flows at the onshore Wressle oilfield in England, where first output had been expected last year. ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuable insight into the global oil and gas industrys energy transition from ACCELERATE, the free weekly newsletter from Upstream and Recharge. The field — situated in North Lincolnshire licences PEDL 180 and 182 — has bee...

Shares in Egdon and Europa pop as Lincolnshire field produces first oil Edward Thicknesse © Provided by City AM Shares in UK onshore oil firms Egdon and Europa jumped today as the companies announced the first production from their Wressle site in Lincolnshire. The site, which was meant to produce its first oil last year, is one of few onshore oil developments in the UK. Egdon, better known for its involvement in fracking, also saw shares jump 5.7 per cent to 2.20p. Both firms...