Europa Oil & Gas (Holdings) Plc Wressle Planning Meeting

 
TIDMEOG 
 
Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas 
 
30 June 2017 
 
          Europa Oil & Gas (Holdings) plc ('Europa' or 'the Company') 
 
                           Wressle Planning Meeting 
 
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, 
development and production company focused on Europe, notes today's update from 
Egdon Resources ('Egdon') that North Lincolnshire County Council's Planning 
Committee will meet on Monday 3 July 2017 to determine the new planning 
application for the development of the Wressle Oil Field ('Wressle') on PEDLs 
180 and PEDL 182 ('the Licences'). 
 
The new application, which has received a recommendation for approval from 
North Lincolnshire County Council's Planning Department, includes additional 
detailed information to address the specific concerns raised by North 
Lincolnshire County Council in its 11 January 2017 decision to refuse the 
original application. 
 
Europa has a 30% working interest in Wressle alongside Egdon (operator, 25%), 
Celtique Energie Petroleum Ltd (30%, after the sale of 3.33% to Union Jack Oil 
plc which is subject to OGA approval), and Union Jack Oil plc (15%, following 
the above sale).  On 24 November 2016, Europa announced it had signed a Sale 
and Purchase Agreement ('SPA') with Upland Resources (UK Onshore) Limited 
('Upland') in relation to a 10% interest in PEDLs 180 and 182.  Completion of 
the SPA, which is subject to approval from the Oil & Gas Authority, would 
result in Europa retaining a 20% interest in the Licences. 
 
                                 * * ENDS * * 
 
For further information please visit http://www.europaoil.com/ or contact: 
 
Hugh Mackay          Europa                              + 44 (0) 20 7224 3770 
 
Phil Greenhalgh      Europa                              + 44 (0) 20 7224 3770 
 
Matt Goode           finnCap Ltd                         + 44 (0) 20 7220 0500 
 
Simon Hicks          finnCap Ltd                         + 44 (0) 20 7220 0500 
 
Frank Buhagiar       St Brides Partners Ltd              + 44 (0) 20 7236 1177 
 
Susie Geliher        St Brides Partners Ltd              + 44 (0) 20 7236 1177 
 
Notes 
 
Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage 
hydrocarbon assets that includes production, exploration and development 
interests, in countries that are politically stable, have transparent licensing 
processes, and offer attractive terms. Its highly prospective exploration 
projects include the Wressle oil development in the UK and seven licences 
offshore Ireland with the potential to host gross mean un-risked prospective 
resources of more than 4 billion barrels oil equivalent and 1.5 TCF gas across 
all seven licences. In H1 2017 Europa produced 115 boepd from its portfolio of 
onshore UK licences. 
 
 
 
END 
 

(END) Dow Jones Newswires

June 30, 2017 02:00 ET (06:00 GMT)