Union Jack Oil farms into another Egdon prospect
Egdon believes the Laughton prospect may contain recoverable resources of 1.3 mln barrels of oil. Bramhil said the acquisition would mean a busy start to 2016 with the Keddington-5
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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Egdon believes the Laughton prospect may contain recoverable resources of 1.3 mln barrels of oil. Bramhil said the acquisition would mean a busy start to 2016 with the Keddington-5
Archive
It was a bad day for mining companies as mineral prices crumbled, but a good one for UK oil & gas players
Archive
The day's small cap news was dominated by the latest UK oil & gas licensing round.
The Oil & Gas Authority awarded 93 onshore hydro-carbon licences across 159 blocks
“The new awards comprise a mix of field rejuvenation, appraisal and exploration," CEO Hugh Mackay highlighted.
Among the recipients are London quoted IGas, Ithaca Energy, Europa, Egdon Resources, UKOG, and Solo Oil.
Archive
On the week where Brent crude fell below US$40 a barrel, there was a few corporate smatterings and UK project Horse Hill was once again in the frame.
“The response we are getting from major and mid-cap companies is highly encouraging,” said chief executive Hugh Mackay.
Investments and investor services
Strategic Minerals, Motive Television and REM also reported today
FOGL's disappointment in the deep-waters of the South Atlantic was probably the week's high profile story
Investments and investor services
The FTSE100 had remained flat through most of the day, but ended the day 25 points lower to 6,418.
Investments and investor services
There were a lot of boardroom changes made today in the small cap space
While there were some rises in Asia overnight, markets in European markets got off to a mixed start of the week.
The mood was subdued ahead of the US Federal Reserve’s meeting later this week.
Investments and investor services
A mixed reaction to changes to the board compositions of some companies.
Europa highlighted the recent high level of participation in the recent licensing round.
Investments and investor services
Here's a select batch of this week's small cap highlights
Small cap firms were boosted by fast-track news, as the pace picked up for key projects.