Europa Oil & Gas Company News

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Europa Oil & Gas Acquires Offshore Ireland License
Friday, June 12, 2020The new asset is in line with the company's plan to refocus its portfolio in Ireland towards gas.

Offshore Morocco License Goes to Europa
Wednesday, September 18, 2019Europa Oil & Gas has secured the Inezgane license in the Agadir Basin offshore Morocco.

BLOG: Can Europa Get a Farm-In Partner at FEL 3/13?
Thursday, July 26, 2018Europa 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?

Europa Oil & Gas Completes Shale Petroleum UK Acquisition
Monday, August 15, 2016Europa Oil & Gas (Holdings) plc completes the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of $1.29 (GBP 1).

Europa Relinquishes Part of PEDL 181
Monday, July 04, 2016Europa 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.

Europa Granted 2 Year Extension to PEDL 143
Monday, June 27, 2016Europa Oil & Gas (Holdings) plc receives 2 year extension to PEDL 143 License in the Weald Basin, Surrey, UK, by the Oil & Gas Authority.

Europa Completes FEL 2/13, 3/13 Acquisition
Monday, June 13, 2016Europa 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.

Europa Formally Accepts 4 New Licenses in Atlantic Margin Round
Wednesday, June 08, 2016Europa 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.

Ireland Awards 14 New Licensing Options
Friday, June 03, 2016Ireland'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.

Europa Oil & Gas Signs PEDL143 Farm-Out Deal with UJO
Monday, May 23, 2016Europa 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).

'Significant, Long-Term Employment' Awaits Ireland if Oil is Found
Thursday, April 07, 2016"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.

Europa Oil & Gas Sees High Demand for Irish Licenses
Wednesday, December 09, 2015Europa Oil & Gas (Holdings) plc receives a high level of interest in its Irish licenses, following the exit of its partner Kosmos from the country.

Europa Oil & Gas: FEL 3/13 Prospects Valued at $1.1 Billion
Monday, October 26, 2015A 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.

Europa Eyes Porcupine Farm-out in Early 2016
Friday, October 09, 2015Europa 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.

Europa to Implement Cost Saving Initiatives in 2016
Monday, October 05, 2015Europa 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.

Europa Boosts Stake in Porcupine Licenses Following Kosmos Exit
Tuesday, September 22, 2015Europa 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.

Europa Oil & Gas: Wressle Discovery Could Be Larger Than Expected
Friday, September 04, 2015Europa 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.

Europa Raises Funds Ahead of UK, Irish License Awards
Thursday, July 23, 2015Europa raises funds ahead of license round awards in the UK and Ireland.

Wressle-1 Well Test Exceeds Expectations
Tuesday, July 21, 2015Europa 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.

Porcupine Prospect Could Contain 1.5B Barrels
Tuesday, May 12, 2015The Porcupine Prospect offshore Ireland could contain 1.5 billion barrels of prospective resources, according to a competent persons report from ERC Equipoise.

Europa 'Poised' for Increased Production
Wednesday, April 15, 2015Europa Oil & Gas says it is "poised" to see an increase in production, revenue and cash flow in spite of the low oil price.

Kiln Lane-1 Well Disappoints
Monday, March 23, 2015Kiln Lane-1 in northeast Lincolnshore, England, is to be plugged and abandoned after sandstones were found to be water wet.

Gas Flows from 3rd Interval of Wressle-1 Well
Tuesday, March 03, 2015Egdon 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.

Europa Spuds Kiln Lane-1 Well Onshore UK
Monday, February 23, 2015Europa Oil & Gas starts drilling the Kiln Lane-1 conventional exploration well in northeast Lincolnshire.

Oil, Gas Flow from 2nd Reservoir at Wressle-1 Well
Thursday, February 19, 2015A 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.

Europa Agrees Farm-Out Deal for Onshore France Permit
Monday, February 16, 2015Europa Oil & Gas signs a farm-out deal with Vermillion REP SAS in relation to its Tarbes Val d'Adour Permit, onshore France.

Europa Shuts in Well Due to Low Oil Price
Thursday, January 08, 2015UK onshore-focused Europa Oil & Gas shuts in one of its wells in the East Midlands due to the low oil price.

Wressle-1 Well Gets Testing Permit
Thursday, December 04, 2014Firms involved in the Wressle-1 well, located onshore UK, are given a permit for testing operations by the Environment Agency.

Wressle-1 Well Confirms Potential Hydrocarbon-Bearing Zones
Monday, October 20, 2014The Wressle-1 exploration well, onshore UK, confirms the presence of potential hydrocarbon-bearing zones in three separate intervals.

Onshore UK Wressle-1 Well Shows 'Encouraging' Results
Tuesday, September 02, 2014Egdon Resources and Union Jack Oil say they are 'very encouraged' by preliminary results from their Wressle-1 conventional well in northern England.

Drilling Starts at Egdon's Wressle Prospect Onshore UK
Monday, July 21, 2014Drilling begins at the 2.1-million barrel Wressle prospect in Lincolnshire, onshore UK.

Zenith Wins 'Significant' Contract to Drill UK Well
Thursday, March 20, 2014UK-based well engineering start-up Zenith wins its first full well-management service deal.

Europa Production In Line with Expectations
Monday, February 10, 2014UK junior Europa Oil & Gas reports that production during its first half was in line with expectations.

Europa Gets License Extension Onshore UK
Monday, January 13, 2014Europa 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.

Europa Raises Funds Ahead of Kiln Lane Drill
Thursday, January 09, 2014Europa Oil & Gas raises $4.7 million to help progress its projects, including the drilling of its Kiln Lane prospect in England.

Europa Raises Funds ahead of 2014 Drilling
Monday, December 16, 2013Europa raises $6.5 million to help fund exploration work in the UK and Ireland in 2014.

Europa Confident about French Drill
Tuesday, December 10, 2013Europa Oil & Gas says it could drill a well to test shallow gas prospectivity at its Berenx shallow gas prospect, onshore France, within 18 months.

Kosmos Completes 3D Seismic Program off Ireland
Thursday, October 24, 2013Kosmos Energy completes a 575-square mile seismic data acquisition program in the South Porcupine Basin, offshore Ireland.

Legal Challenge against Holmwood Drill Continues
Monday, September 23, 2013Europa 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.

Europa Production in Line with Expectations
Monday, September 09, 2013Europa Oil & Gas sees its production decline in line with expectation as it gets ready to drill another onshore UK prospect.

Europa Wins High Court Decision over Holmwood Drill
Thursday, July 25, 2013Europa 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.

Europa Appeals French Permit Lapses
Tuesday, July 23, 2013Europa 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.

South Porcupine 3D Seismic Program Begins
Monday, July 15, 2013Europa Oil & Gas reports that a 3D seismic data acquisition program has begun in the South Porcupine Basin, offshore Ireland.

Europa Gives Up Romanian and African Licenses
Tuesday, May 21, 2013Europa says it is relinquishing licenses in Romanian and the Saharawi Arab Democratic Rebublic to focus on projects in Western Europe.

Kosmos Gets Go-Ahead for Irish Farm-In
Monday, May 13, 2013Europa 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.

Union Jack Flies Flag in Lincolnshire
Wednesday, May 08, 2013Union Jack Oil farms into onshore license in Lincolnshire, UK.

Europa Achieves Farm-In Deal for Irish Licenses
Thursday, April 18, 2013In 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.

Europa Begins Seismic Acquisition over UK Onshore License
Tuesday, March 19, 2013Europa Oil & Gas reports that it has started the acquisition of 2D seismic data over its onshore PEDL 181 license in Lincolnshire, UK.

Europa Makes Steady Progress
Tuesday, February 19, 2013UK 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.

Positive Seismic Results for Europa Offshore Ireland
Wednesday, January 16, 2013Europa Oil & Gas reports positive results from seismic mapping of Kiernan prospect.