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The Markets
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Energy

Europa Oil & Gas awaits next batch of new UK licence offers

“Europa looks forward to further announcements from the OGA with great interest.”

Europa Oil & Gas (LON:EOG) has confirmed that it applied for new acreage in the UK’s 14th onshore licensing round.

Its applications were not, however, among the blocks offered to companies in the first tranche which were announced on Tuesday.

The first 27 blocks were offered to companies yesterday, with IGas (LON:IGAS) and Egdon Resources (LON:EDR) among those receiving new projects.

A further 132 further blocks could be offered by the British government later this year, subject to further detailed assessment under conservation regulations.

“Europa has made a number of applications for onshore blocks as it looks to complement its portfolio of producing assets in the UK,” the company said in a statement.

It added: “Europa looks forward to further announcements from the OGA with great interest.”

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