Europa Oil & Gas shares rise as firm reveals major resource upgrade for Irish exploration venture
It comes as newly captured 3D seismic is incorporated, providing better insights into the already identified prospects
Company
LON:EOG
Europa Oil & Gas (Holdings) plc is an exploration and production company focused on developing its balanced portfolio of assets in the North Sea, Atlantic Ireland and West Africa, supported by revenue from onshore oil production in the UK.
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It comes as newly captured 3D seismic is incorporated, providing better insights into the already identified prospects
The UK's index of leading shares finished down around 54 points at 7,686 on Tuesday.
Investments and investor services
It was another busy week for the market's oil and gas stocks.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Thursday afternoon...
Europa is focusing on lower risk gas prospects located in the vicinity of Ireland's Corrib gas field, and, it has now released what's now seen as less prospective acreage in the Altantic Margin
Investments and investor services
News that the President will now not be meeting North Korea leader Kim Jong-un next month as planned is weighing on global stocks
A 'high priority' exploration area is being advanced offshore Ireland, production growth is still on the cards onshore UK, and the company recently said it was looking at potential new opportunities.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the biggest risers and fallers in London on Wednesday
Europa is actively looking at opportunities, meanwhile, the Irish portfolio continues to see desktop progress and the company awaits the advancement of onshore UK assets such as Wressle and Holmwood
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging
A glance at this week’s top stories from London’s junior oilers
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Wednesday
The explorer sees the potential for 2.5 trillion cubic feet of gas in an exploration area in the vicinity of Ireland’s largest gas field, and it now considers it to be the “flagship project”
Investments and investor services
FTSE 100 closed down around six points at 7,132 but big cap miners were up
Proactive takes a look at the news from the small-cap oil and gas sector