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Europa Oil & Gas Company News
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Europa Oil & Gas Acquires Offshore Ireland License
The new asset is in line with the company's plan to refocus its portfolio in Ireland towards gas.
8:00 PM EST | June 11, 2020
Offshore Morocco License Goes to Europa
Europa Oil & Gas has secured the Inezgane license in the Agadir Basin offshore Morocco.
8:00 PM EST | September 17, 2019
BLOG: Can Europa Get a Farm-In Partner at FEL 3/13?
Europa Oil & Gas recently launched a farm out process for its FEL 3/13 license - but how likely is it that the company will get a partner?
8:00 PM EST | July 25, 2018
Europa Oil & Gas Completes Shale Petroleum UK Acquisition
Europa Oil & Gas (Holdings) plc completes the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of $1.29 (GBP 1).
8:00 PM EST | August 14, 2016
Europa Relinquishes Part of PEDL 181
Europa Oil & Gas (Holdings) plc relinquishes part of PEDL 181 in the East Midlands Petroleum Province after entering the second term of the asset, which runs until June 30, 2019.
8:00 PM EST | July 03, 2016
Europa Granted 2 Year Extension to PEDL 143
Europa Oil & Gas (Holdings) plc receives 2 year extension to PEDL 143 License in the Weald Basin, Surrey, UK, by the Oil & Gas Authority.
8:00 PM EST | June 26, 2016
Europa Completes FEL 2/13, 3/13 Acquisition
Europa Oil & Gas plc now has a 100% interest in, and operatorship of, FEL 2/13 and 3/13 after the Irish Minister of Energy grants consent for the transfer of ownership from Kosmos Energy Ireland.
8:00 PM EST | June 12, 2016
Europa Formally Accepts 4 New Licenses in Atlantic Margin Round
Europa Oil & Gas (Holdings) plc confirms that it has formally accepted the award of 4 new Licensing Options as part of phase two of the 2015 Atlantic Ireland licensing round.
8:00 PM EST | June 07, 2016
Ireland Awards 14 New Licensing Options
Ireland's department of natural resources announces the offer of 14 new licensing options in the Irish offshore following the conclusion of the 2015 Atlantic Margin Licensing Round.
8:00 PM EST | June 02, 2016
Europa Oil & Gas Signs PEDL143 Farm-Out Deal with UJO
Europa Oil & Gas (Holdings) plc signs a farm-out agreement in relation to a 7.5% working interest in the PEDL143 license, located in the Weald Basin, with Union Jack Oil and Gas plc (UJO).
8:00 PM EST | May 22, 2016
'Significant, Long-Term Employment' Awaits Ireland if Oil is Found
"Significant and long-term employment" awaits offshore Ireland if oil is discovered as a result of the 2015 Atlantic Margin Licensing Round, says Europa Oil & Gas CEO Hugh Mackay.
8:00 PM EST | April 06, 2016
Europa Oil & Gas Sees High Demand for Irish Licenses
Europa Oil & Gas (Holdings) plc receives a high level of interest in its Irish licenses, following the exit of its partner Kosmos from the country.
7:00 PM EST | December 08, 2015
Europa Oil & Gas: FEL 3/13 Prospects Valued at $1.1 Billion
A 100% working interest in 3 prospects on FEL 3/13, in the Porcupine Basin offshore Ireland, holds a risked net present value of $1.1 billion, according to an independent assessment by ERC Equipoise.
8:00 PM EST | October 25, 2015
Europa Eyes Porcupine Farm-out in Early 2016
Europa Oil & Gas plc CEO Hugh Mackay confirms that the company will begin the farm-out process of its assets in the Porcupine Basin, offshore Ireland, as early as January 2016.
8:00 PM EST | October 08, 2015
Europa to Implement Cost Saving Initiatives in 2016
Europa Oil & Gas will "implement cost saving initiatives" across its whole business in 2016, following a $4.56 million gross loss for the year ended July 31.
8:00 PM EST | October 04, 2015
Europa Boosts Stake in Porcupine Licenses Following Kosmos Exit
Europa Oil & Gas intends to assume a 100% interest in, and operatorship of, licenses FEL 2/13 and FEL 3/13 in the Porcupine Basin, offshore Ireland, following Kosmos Energy's withdrawal from the Joint Operating Agreements for both licenses.
8:00 PM EST | September 21, 2015
Europa Oil & Gas: Wressle Discovery Could Be Larger Than Expected
Europa Oil & Gas says the Penistone Flags oil zone at the Wressle-1 oil and gas well on license PEDL180 "could be larger than first envisaged", following an extended well test of the region.
8:00 PM EST | September 03, 2015
Europa Raises Funds Ahead of UK, Irish License Awards
Europa raises funds ahead of license round awards in the UK and Ireland.
8:00 PM EST | July 22, 2015
Wressle-1 Well Test Exceeds Expectations
Europa Oil & Gas reports that an ongoing extended well test on the Wressle-1 oil and gas well in east Lincolnshire, UK, is producing hydrocarbons at more than 180 barrels per day.
8:00 PM EST | July 20, 2015
Porcupine Prospect Could Contain 1.5B Barrels
The Porcupine Prospect offshore Ireland could contain 1.5 billion barrels of prospective resources, according to a competent persons report from ERC Equipoise.
8:00 PM EST | May 11, 2015
Europa 'Poised' for Increased Production
Europa Oil & Gas says it is "poised" to see an increase in production, revenue and cash flow in spite of the low oil price.
8:00 PM EST | April 14, 2015
Kiln Lane-1 Well Disappoints
Kiln Lane-1 in northeast Lincolnshore, England, is to be plugged and abandoned after sandstones were found to be water wet.
8:00 PM EST | March 22, 2015
Gas Flows from 3rd Interval of Wressle-1 Well
Egdon Resources reports that gas has flowed at 1.7 million cubic feet per day from the Penistone Flags interval of the Wressle-1 well, onshore UK.
7:00 PM EST | March 02, 2015
Europa Spuds Kiln Lane-1 Well Onshore UK
Europa Oil & Gas starts drilling the Kiln Lane-1 conventional exploration well in northeast Lincolnshire.
7:00 PM EST | February 22, 2015
Oil, Gas Flow from 2nd Reservoir at Wressle-1 Well
A test of a new zone at the onshore UK Wressle-1 well sees oil flow at 182 barrels per day, while producing gas at 456,000 cubic feet per day.
7:00 PM EST | February 18, 2015
Europa Agrees Farm-Out Deal for Onshore France Permit
Europa Oil & Gas signs a farm-out deal with Vermillion REP SAS in relation to its Tarbes Val d'Adour Permit, onshore France.
7:00 PM EST | February 15, 2015
Europa Shuts in Well Due to Low Oil Price
UK onshore-focused Europa Oil & Gas shuts in one of its wells in the East Midlands due to the low oil price.
7:00 PM EST | January 07, 2015
Wressle-1 Well Gets Testing Permit
Firms involved in the Wressle-1 well, located onshore UK, are given a permit for testing operations by the Environment Agency.
7:00 PM EST | December 03, 2014
Wressle-1 Well Confirms Potential Hydrocarbon-Bearing Zones
The Wressle-1 exploration well, onshore UK, confirms the presence of potential hydrocarbon-bearing zones in three separate intervals.
8:00 PM EST | October 19, 2014
Onshore UK Wressle-1 Well Shows 'Encouraging' Results
Egdon Resources and Union Jack Oil say they are 'very encouraged' by preliminary results from their Wressle-1 conventional well in northern England.
8:00 PM EST | September 01, 2014
Drilling Starts at Egdon's Wressle Prospect Onshore UK
Drilling begins at the 2.1-million barrel Wressle prospect in Lincolnshire, onshore UK.
8:00 PM EST | July 20, 2014
Zenith Wins 'Significant' Contract to Drill UK Well
UK-based well engineering start-up Zenith wins its first full well-management service deal.
8:00 PM EST | March 19, 2014
Europa Production In Line with Expectations
UK junior Europa Oil & Gas reports that production during its first half was in line with expectations.
7:00 PM EST | February 09, 2014
Europa Gets License Extension Onshore UK
Europa Oil & Gas gets extension to phase one of its onshore PEDL 181 license, allowing it to drill the Kiln Lane-1 prospect during 2H 2014.
7:00 PM EST | January 12, 2014
Europa Raises Funds Ahead of Kiln Lane Drill
Europa Oil & Gas raises $4.7 million to help progress its projects, including the drilling of its Kiln Lane prospect in England.
7:00 PM EST | January 08, 2014
Europa Raises Funds ahead of 2014 Drilling
Europa raises $6.5 million to help fund exploration work in the UK and Ireland in 2014.
7:00 PM EST | December 15, 2013
Europa Confident about French Drill
Europa Oil & Gas says it could drill a well to test shallow gas prospectivity at its Berenx shallow gas prospect, onshore France, within 18 months.
7:00 PM EST | December 09, 2013
Kosmos Completes 3D Seismic Program off Ireland
Kosmos Energy completes a 575-square mile seismic data acquisition program in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | October 23, 2013
Legal Challenge against Holmwood Drill Continues
Europa Oil & Gas reports that a legal challenge against an onshore exploration well in Surrey, UK, will continue after a local action group submitted an appeal to the Court of Appeal.
8:00 PM EST | September 22, 2013
Europa Production in Line with Expectations
Europa Oil & Gas sees its production decline in line with expectation as it gets ready to drill another onshore UK prospect.
8:00 PM EST | September 08, 2013
Europa Wins High Court Decision over Holmwood Drill
Europa Oil & Gas wins a decision in the Royal Courts of Justice that brings it a step closer to drilling its Holmwood prospect in southern England.
8:00 PM EST | July 24, 2013
Europa Appeals French Permit Lapses
Europa Oil & Gas says its two permits in the Aquitaine Basin, France, have not been renewed within the set timeframe, meaning its permits are deemed to have lapsed.
8:00 PM EST | July 22, 2013
South Porcupine 3D Seismic Program Begins
Europa Oil & Gas reports that a 3D seismic data acquisition program has begun in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | July 14, 2013
Europa Gives Up Romanian and African Licenses
Europa says it is relinquishing licenses in Romanian and the Saharawi Arab Democratic Rebublic to focus on projects in Western Europe.
8:00 PM EST | May 20, 2013
Kosmos Gets Go-Ahead for Irish Farm-In
Europa Oil & Gas reports that an 85-percent farm out of its Irish licensing options to Kosmos Energy has been given the go-ahead by the Irish government.
8:00 PM EST | May 12, 2013
Union Jack Flies Flag in Lincolnshire
Union Jack Oil farms into onshore license in Lincolnshire, UK.
8:00 PM EST | May 07, 2013
Europa Achieves Farm-In Deal for Irish Licenses
In a move described by analysts as a 'major milestone', Europa Oil & Gas has signed a deal to farm-in Kosmos Energy to two of its licenses in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | April 17, 2013
Europa Begins Seismic Acquisition over UK Onshore License
Europa Oil & Gas reports that it has started the acquisition of 2D seismic data over its onshore PEDL 181 license in Lincolnshire, UK.
8:00 PM EST | March 18, 2013
Europa Makes Steady Progress
UK onshore-focused Europa Oil & Gas says its average production during the first half of its financial year was on target at 177 barrels per day.
7:00 PM EST | February 18, 2013
Positive Seismic Results for Europa Offshore Ireland
Europa Oil & Gas reports positive results from seismic mapping of Kiernan prospect.
7:00 PM EST | January 15, 2013