Europa Oil & Gas (holdin... Share Discussion Threads

[jusmasel99] 12/2/2019 08:45

Shurely shome significance waiting to appear from this relationship ...

Europa Oil

Brian O'Cathain
Brian O’Cathain has worked as a Geologist and Petroleum Engineer in the Oil and Gas sector since 1984. He served as CEO of Afren plc from 2005 to 2007, and as CEO of Petroceltic International plc, an AiM listed E&P company from 2007 until 2016. He is currently also a non-executive director of Eland Oil and Gas, an AiM listed E&P company producing over 20,000 barrels of oil per day in Nigeria.

His relevant skills include market understanding, familiarity with fund-raising, and with the technical, legal and financial aspects of running a publicly listed Oil and Gas company over a long period. While at Afren and Petroceltic he raised in excess of $300 million in new equity, primarily from the London Stock Exchange. He led and negotiated the agreed nil-premium merger of Petroceltic and Melrose Resources in 2012. He is experienced in conducting Business Development and Corporate Acquisitions and mergers in Oil and Gas, from the level of farm-in / farm-out to corporate mergers and disposals. He has worked on exploration and production assets in all environments from onshore to ultra-deep water offshore.

He keeps his knowledge and awareness current by participation in Industry conferences, IOD workshops, and by networking with other Executive and Non-executive Directors in the Oil and Gas industry. In addition to the two public boards on which he serves, he is an advisor to the board of Nephin Energy, a private Irish Energy company which is in the process of acquiring Shell’s stake in the Corrib Gas Field in Ireland.


Nephin Energy

Nephin Energy is Ireland’s largest domestic producer of natural gas. We are a Dublin based company, led by a team of experienced Irish executives. We hold a 43.5% interest in the Corrib Gas Field, located 83 kilometres off the northwest coast of Ireland. The gas we sell from Corrib is used to power Ireland’s homes and businesses.

We are focused on growing in Ireland and Europe through the acquisition of material interests in assets across the energy spectrum.

Ownership
We are backed by the Canada Pension Plan Investment Board (CPPIB) which has significant investment experience in the energy sector. CPPIB is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits.

Headquartered in Toronto, with offices in London, Luxembourg, New York City, Hong Kong, Mumbai, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from the Canadian government.

At September 30th, 2018, the CPP Fund had net assets of CAD$368.3 billion, making it Canada’s largest single-purpose pension fund and ranking it among the 10 largest pension funds in the world today. At July 2018, CPPIB had invested CAD$66.9 billion in Europe, which represents 18% of CPPIB’s total assets. The Chief Actuary of Canada projects the CPP fund will reach $2.0 trillion by 2045. For more information about CPPIB, please visit www.cppib.com



Brian O’Cathain, Non-Executive Director
Brian has worked as a geologist and petroleum engineer in the oil and gas sector since 1984. He started his career as a petroleum engineer with Shell International. He was employed at Enterprise Oil for 12 years, where his final role was as Managing Director of Enterprise Oil Ireland, responsible for the sanction of the Corrib Gas Field Development. He was the Head of International Business with Tullow Oil from 2002 to 2005. He served as the founding CEO of Afren plc from 2005 to 2007, and as CEO of Petroceltic International plc, an AiM listed E&P company focused on North Africa from 2007 until 2016. He is currently also a non-executive director of two AiM-listed exploration and production companies, Eland Oil and Gas, which produces over 25,000 barrels of oil per day in Nigeria, and Europa Oil and Gas, which holds a portfolio of Irish oil and gas exploration licences.

[dunderheed] 12/2/2019 08:05

Yes afren and petroceltec ended really well didn't they lol?
Let's hope it's not third time "lucky" for good ol BOC?!
But yes hopefully some positivity can be drawn from his employment at CPPIB.

[jusmasel99] 12/2/2019 07:54

Shurely shome significance waiting to appear from this relationship ...

Europa Oil

Brian O'Cathain
Brian O’Cathain has worked as a Geologist and Petroleum Engineer in the Oil and Gas sector since 1984. He served as CEO of Afren plc from 2005 to 2007, and as CEO of Petroceltic International plc, an AiM listed E&P company from 2007 until 2016. He is currently also a non-executive director of Eland Oil and Gas, an AiM listed E&P company producing over 20,000 barrels of oil per day in Nigeria.

His relevant skills include market understanding, familiarity with fund-raising, and with the technical, legal and financial aspects of running a publicly listed Oil and Gas company over a long period. While at Afren and Petroceltic he raised in excess of $300 million in new equity, primarily from the London Stock Exchange. He led and negotiated the agreed nil-premium merger of Petroceltic and Melrose Resources in 2012. He is experienced in conducting Business Development and Corporate Acquisitions and mergers in Oil and Gas, from the level of farm-in / farm-out to corporate mergers and disposals. He has worked on exploration and production assets in all environments from onshore to ultra-deep water offshore.

He keeps his knowledge and awareness current by participation in Industry conferences, IOD workshops, and by networking with other Executive and Non-executive Directors in the Oil and Gas industry. In addition to the two public boards on which he serves, he is an advisor to the board of Nephin Energy, a private Irish Energy company which is in the process of acquiring Shell’s stake in the Corrib Gas Field in Ireland.


Nephin Energy

Nephin Energy is Ireland’s largest domestic producer of natural gas. We are a Dublin based company, led by a team of experienced Irish executives. We hold a 43.5% interest in the Corrib Gas Field, located 83 kilometres off the northwest coast of Ireland. The gas we sell from Corrib is used to power Ireland’s homes and businesses.

We are focused on growing in Ireland and Europe through the acquisition of material interests in assets across the energy spectrum.

Ownership
We are backed by the Canada Pension Plan Investment Board (CPPIB) which has significant investment experience in the energy sector. CPPIB is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits.

Headquartered in Toronto, with offices in London, Luxembourg, New York City, Hong Kong, Mumbai, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from the Canadian government.

At September 30th, 2018, the CPP Fund had net assets of CAD$368.3 billion, making it Canada’s largest single-purpose pension fund and ranking it among the 10 largest pension funds in the world today. At July 2018, CPPIB had invested CAD$66.9 billion in Europe, which represents 18% of CPPIB’s total assets. The Chief Actuary of Canada projects the CPP fund will reach $2.0 trillion by 2045. For more information about CPPIB, please visit www.cppib.com



Brian O’Cathain, Non-Executive Director
Brian has worked as a geologist and petroleum engineer in the oil and gas sector since 1984. He started his career as a petroleum engineer with Shell International. He was employed at Enterprise Oil for 12 years, where his final role was as Managing Director of Enterprise Oil Ireland, responsible for the sanction of the Corrib Gas Field Development. He was the Head of International Business with Tullow Oil from 2002 to 2005. He served as the founding CEO of Afren plc from 2005 to 2007, and as CEO of Petroceltic International plc, an AiM listed E&P company focused on North Africa from 2007 until 2016. He is currently also a non-executive director of two AiM-listed exploration and production companies, Eland Oil and Gas, which produces over 25,000 barrels of oil per day in Nigeria, and Europa Oil and Gas, which holds a portfolio of Irish oil and gas exploration licences.

[dunderheed] 12/2/2019 05:47

Balance of the big 5 mm trade a week ago or another similar one being worked through?
I "personally" thought the 5 mm trade had already been cleared so perhaps some other large ones still to show?

[jusmasel99] 12/2/2019 05:40

Thanks BH I will try that the next time.

Weird trades yesterday - all buys and no movement - significant?

[dunderheed] 11/2/2019 10:42

Jus don't worry - give your buddy a call and I'm sure his dulcet tones will reduce this depressed feeling?!
Mark my words though, if we do not get these farm ins this share price will look very expensive!
However "dunkon" over on lse posted at 2.85p (I think) absolutely no downside from that price - so I am especially comforted by that!

Saying that, until we see rejection of this in rns form - I am still hopeful we will get these landed and remain a holder.

Best of luck all.

[bountyhunter] 11/2/2019 07:13

...capitalise the leading H on your link to make it clickable, cheers bh

[jusmasel99] 11/2/2019 06:21

What goes around comes around ... hxxps://www.thetimes.co.uk/article/expect-bigger-demonstrations-shannon-gas-protesters-declare-dr9rnktnd

In a way excellent news for EOG, Vermillion, CPPIB and Equinor. Bad news of course for any company considering investing millions into an LNG plant - they only have to look at the history of Corrib to get an idea how long it will take for them to get their plant up and running.

But the idiocy of it all from environmentalists who must realise that renewables need a complementary gas supply to ensure a reliable energy supply. No protests of course around the Peat Bogs ..

Corrib's infrastructure becomes ever more important to Ireland.

Must say though that even I am becoming a bit depressed with the share price .. the only definite thing on the cards is the Nexen Iolar drill which is at least out of our hands and should bring some interest.

[bountyhunter] 10/2/2019 19:31

4 weeks old now but if anyone fancies a refresher...



maybe next week you never know!

[dunderheed] 10/2/2019 17:25

One day Rodders, one day.

Actually if Hughy lands it I'll be relieved (and happy) the gamble paid off but also very aware how close it has taken us to the brink, because for sure, if these do not land 8183 a good summary.

[bountyhunter] 10/2/2019 15:24

Lol! Maybe one day.

[guesswhosback2] 10/2/2019 14:55

Then I will become very shallow praising Hugh to the hilltops. What a guy.

[bountyhunter] 10/2/2019 13:28

But if it is a yes?

[guesswhosback2] 10/2/2019 13:21

And what happens if it's a no? What do we have then a bunch of useless licences, a corrib fantasy and Wressel.
Another transformational year from 6p to less than 3p. Well done Hugh and the expert board.

[bountyhunter] 08/2/2019 23:48

First announced 20 Nov 2018 this update was on 14 Jan 2019...

"As investors are aware, the Company is currently negotiating farm-in agreements with a major international oil and gas company in respect of LO 16/20, FEL 1/17 and FEL 3/13. We have agreed terms with their NW Europe division and continue to await a final investment decision from their head office."

[bountyhunter] 08/2/2019 23:31

It's a long wait here for sure! Still time to follow in CLNR's footsteps however.

[enfranglais] 08/2/2019 23:25

Well, we are hitting rock bottom - a bit like a Europa drill bit!!!!!!!!!!!!!

[dunderheed] 08/2/2019 19:37

Gwb have u been over to mental central?

I'm busy now but will be popping over later to get called nasty names Lol!!

[dunderheed] 08/2/2019 15:43

Lol absolutely no downside here!!

[jusmasel99] 08/2/2019 09:50

Gas political value rising

[bountyhunter] 08/2/2019 08:19

Come on EOG, we need one of these...

[dunderheed] 07/2/2019 20:22

Agree especially after "the signatures in the post" (ongoing) debacle.
Saying that I have known "the" major take at least 6 months to sign off on a farm in deal so could still come good??!!
As I say of all the people I've come across and spoken about eog I always got the same wry smiles with the same "oh so eog have got a march in the market AGAIN, how convenient".
Unfortunately with my big ego I ignored their advice lol.
Don't forget about the inishkea flagship though with those amazing cos/ pos (gu)estimates!!
All imho and dyor of course.

[fardels bear] 07/2/2019 19:31

That echoes my thoughts.