Europa Oil & Gas highlights Irish partnering progress
Farm-out dealing and offshore surveys will be a focus of attention in the coming months as Europa aims to advance its Irish prospects towards exploration drilling
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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Farm-out dealing and offshore surveys will be a focus of attention in the coming months as Europa aims to advance its Irish prospects towards exploration drilling
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"A collective sigh of relief was felt across Oil markets after OPEC+ delegates successfully reached an agreement to cut production by 1.2 million barrels per day," said Lukman Otunuga at FXTM
Farm-out deals and new opportunities are anticipated over the coming months
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“Our experience onshore UK during 2018 has vindicated the board’s decision to add a third territory to our portfolio," said Simon Oddie.
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The UK index of leading shares finished down over 39 points lower at 7,022.
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It was another busy week in the small-cap oil and gas market.
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A glance at some of the day's highlights from the Proactive Investors newswire
“The decision of the committee, whilst not entirely unexpected, is nonetheless disappointing given that the application had been recommended for approval by North Lincolnshire council’s own professional planning officer."
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The FTSE 250 index, though, fell around 30 points to 18,609 on the day
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It was a week of project updates, deals and contract awards...
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A look at the day's winners and sinners, including Bigblu, Hardy Oil & Gas, Urals Energy, Juridica, Ebiquity, Egdon Resources, Union Jack Oil, Europa Oil & Gas, Wynnstay, Veltyco and Centrica
The original planning application was knocked back last year, but the officer said the concerns raised back then “have been overcome”
The original planning application was knocked back last year, but the officer said the concerns raised back then “have been overcome”