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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 the Ashover Grit reservoir. Subject to the results of the upcoming operation, Europa’s overall pr...

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 Europa's financial profile Successful and safe completion of operations to recomplete the Wressle-1 well and reperforate the Ashover Grit reservoir interval Well currently on continuous 24-hour test production Wressle projected to more than do...

  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 development, comes on stream at a forecast gross rate of 500 bopd.   The Company holds four ...

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 and seismic reprocessing on the Inezgane Licence in Morocco in preparation for farm-out · ...

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 tranche comprises 38.5 million shares to be admitted to AIM trading next Thursday and the second tranch...