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

[currypasty] 13/5/2020 16:51

4.14 RNS





asleep at the wheel?

[dunderheed] 13/5/2020 12:23

I really don't think so - it seemed he was always on the phone or engaged in interested parties or "the Major" up until his "sacking"?

[christy41] 13/5/2020 12:04

No probably playing Candy Crush or whatever it is called.:)

[dunderheed] 13/5/2020 11:37

Blimey there's a blast from the past in that photo on the above link!
Was the Hugh on the phone at the time - to potential Irish farminees - I cannae see exactly from the photo - but it looks like he could be looking at his phone?

All imho, dyor, no advice intended and absolutely no "Jussy's expert analysis" required thanks.

[suetballs] 13/5/2020 09:50

I am a little surprised that the Wressle news isn't pushing the share price somewhat higher.
Perhaps we need a higher oil price first?
Suet

[spangle93] 13/5/2020 09:11

Also in Egdon's report

The Planning Inspector also allowed Egdon's application for costs against North Lincolnshire Council ("NLC") and we can advise that the gross sum of c. £403,000* has now been received from North Lincolnshire Council as settlement in full of these costs.


*This will be divided between partners proportionate with their interests.

[currypasty] 13/5/2020 08:06

from UJO


As previously advised, the plan for the Wressle development comprises the following key stages:

1. Discharging the planning conditions, finalising detailed designs, tendering and procurement of materials, equipment and services and finalising all HSE documentation and procedures

2. Installation of groundwater monitoring boreholes and establishing baseline groundwater quality through monitoring and analysis
3. Reconfiguration of the site
4. Installation and commissioning of surface facilities
5. Sub-surface operations
6. Commencement of production

Following NLC approval of the installation plan and discharge of the associated planning condition, we have now completed the installation of four groundwater monitoring boreholes on the Wressle site. These boreholes will be subject to monitoring and analysis throughout the life of the site, with an initial three months of sampling to determine baseline groundwater quality.

As previously advised, on current plans, the Company envisages first oil during H2 2020".

[currypasty] 12/5/2020 08:48

looks like we have to look in UJO annual reports for information...



"During January 2020, the Planning Inspectorate informed
the Operator that the appeal in respect of obtaining
planning consent for the development of the Wressle
oilfield, situated on licences PEDL180 and PEDL182 located
in North Lincolnshire, was successful. The Inspector also
allowed the application for an award of costs against the
North Lincolnshire Council (“NLC”). Subsequently, the
NLC has paid costs of £403,000. Union Jack will receive
its proportion of this payment once the sum to be paid is
agreed with the Operator."

[currypasty] 07/5/2020 12:49

up 19%... spread smaller as well, has been silly

I wonder if folks are reading in the papers that lockdown will ease next week, and workers start to go back? Helps get Wressle back up to speed I guess

[jusmasel99] 30/4/2020 12:07

FF and FG hoping to get Green Party backing but the statement about similar moratorium on gas exploration as in oil needs explanation. No new oil exploration licences is what I take that to mean In that event it doesn't concern EOG but may make our licence(s) more valuable to Nephin and Equinor if they wish to extend the life of Corrib. Good news is that FF and FG both not in favour of LNG terminal at Cork. As to Irish Energy security, all it will take will be one problem with the interconnector and then the whole of Ireland will want Inishkea drilled pdq.

[dunderheed] 30/4/2020 09:14

Good old "dreamon", the sage of EOG.

[christy41] 30/4/2020 08:55

Posted on another BB by DreamOn.Nephin Energy

[avh] 29/4/2020 22:11

Market Capitalisation 4M

30% Wressle (150bpd)

Brian O'Cathain on Nephin Energy Board.

Stephen Williams (Reabold) on Europa Board.

Inishkea prospect the Flagship.

[suetballs] 28/4/2020 13:59

eog share price doing what it does best - heading south!
Suet

[currypasty] 27/4/2020 11:20

part of ujo rns today

""Combined with the ongoing Wressle development project where "first oil" is anticipated in H2 2020, Union Jack is in an excellent position from both a corporate and financial situation, where we are fully funded for our drilling and development commitments during 2020". "

[tommy241] 19/4/2020 10:49

Highlights of Europa Oil & Gas’ (AIM: EOG) interims results this week included the granting of planning consent for the development of the Wressle oil field in the East Midlands, and the award of the Inezgane permit offshore Morocco. Wressle is expected to come on stream in H2 at a gross rate of 500bopd which will more than double Europa’s own net production to around 240 barrels a day. Meanwhile, initial technical work on the Inezgane permit has identified multiple large prospects, a number of which have the potential to hold up to 250million barrels. The licence is already attracting serious interest from operators. In Ireland, where Europa is rebalancing its portfolio towards gas, talks with prospective partners to drill the 1.5tcf Inishkea gas prospect will continue.

[currypasty] 16/4/2020 14:28

trades going through 0.05 inside spread

[christy41] 15/4/2020 12:20

Almost as though they don't want any trades with the ridiculous spread.

[gunsofmarscapone] 15/4/2020 11:56

In for a few here, the huge potential (relative to EOG Mcap) of Hardstoft is being missed by PI’s and the general market. What a shame we cannot drill a first rate deviated conventional well over there while the woke, flower crowner rabid nutters are locked down!

Buy to the sound of cannons, sell to the sound of trumpets: hoovering energy shares left right and centre.

[currypasty] 15/4/2020 11:54

look for new ventures, write off the old ones, round and round we go

"A pre-tax loss of £3.5m was reported after a £3m write-off relating to the relinquishment of four Irish oil- prospective licences."

[mesquida] 15/4/2020 11:54

Good question Spangle !

[gunsofmarscapone] 15/4/2020 11:53

Ireland and Morocco are in fact one leg: both exploration acreages, UK is the production leg therefore the acquisition of a late stage appraisal asset is the third leg.

Think Star Trek, a left ear, a right ear and a final frontier.