Europa: Arbore-1 to Undergo Testing

Europa Oil & Gas (Holdings) plc, on Thursday announced that a gas-bearing sandstone interval encountered in the Arbore-1 well, in northern Romania, will be tested. The well, which has reached a total depth of 1,048m, will be cased and a drill stem test performed over the zone of interest at a depth of around 840m.

A further announcement will be made on the test results in due course.

Europa Oil & Gas focuses on the production and exploration of hydrocarbons in Europe and North Africa. Europa currently produces oil from three fields in the UK. Operating over two-thirds of its portfolio with an average working interest of 60%, Europa also has field appraisal and exploration activity on a number of projects in the UK and Romania and a strong new ventures program across Europe and the North African region.

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