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

[charggg] 13/4/2022 17:03

Interesting details in the latest interview that's just out now. Sept drill target. And also looks like the Irish 1 TCF gas prospect farm out is progressing a bit faster than we thought? Now that would be transformational in addition to Serenity.

[aimmafia] 13/4/2022 16:57

https://t.me/+q3g5WKG6H-MyMjBk telegram group - Mc Mining. Looking for another met coal play? MC Mining Massively under the radar. Met Coal Producer. Will do 300 - 400 percent near term.with average coal price averaged more than $200, expect a significant amount of profit this quarter. Minimum 50k tonne at $100 profit is $5 million per quarter.with such a small mcap, this will fly current market cap only 12 million.

[enfranglais] 13/4/2022 16:38

Oddie is a suit with nothing in it, not even a tie!!!!!!!!

[enfranglais] 13/4/2022 16:38

Oddie is a suit with nothing in it, not even a tie!!!!!!!!

[l2e] 13/4/2022 16:20

Decent,:

"In what the company described as its “strongest interim financial performance since H1 2014” the company reported a £700,000 pre-tax profit and noted £900,000 of net cash from operations.

Europa has in recent years focussed on developing Wressle and partnering for offshore exploration ventures, and, with these latest financial results now sees those effort begin to show in its bottom line.

Wressle has continued to exceed its initial production projections of 500 barrels of oil per day, instead yielding rates of 884 bopd plus 480,000 cubic feet of gas. As a result, Wressle more than doubled Europa’s production volumes to 208 bopd through the six months ended January 31."

[charggg] 13/4/2022 16:03

Company making for both i3e and EOG. Serenity reserves would be next to existing infrastructure, might be able to offload it to Repsol if simple tie backs would work imo

[pretax2] 13/4/2022 14:55

EOG directors are top notch at the next big thing, and quietly forgetting about 'legacy projects'... and the cash wasted on them.

More important that the BoDs recognise and grasp the golden opportunities when presented to them. Serenity will likely be the making of EOG.

[theonewhoknows2] 13/4/2022 09:41

slowly ,slowly catchey the monkey.....

[fandagle] 13/4/2022 09:32

The AIM has a habit of not moving when folk expect it to, I think the recent rise was mostly built into this positive RNS.
This will grow slowly then rise considerably nearer Serenity drill, IMO it will double to probably around 5.4p by July.
Im not sure if people understand the strategy regarding the Serenity drill, the purpose of the drill isn't to validate if there is oil, it is to understand how much oil there is, it may be they drill again to evaluate the magnitude of the reservoir.

[glennborthwick] 13/4/2022 09:11

Lots of placing shares to churn I guess. But long term I'm ok here

[jungmana] 13/4/2022 08:20

We will get a report on wressle before the end of April. Nice little earner for all stakeholders there

[piratepeter] 13/4/2022 08:10

Luke warm response from the market in early morning trading - certainly not shooting the lights out.

[charggg] 13/4/2022 07:26

Might hear more later today on an interview with proactive on recent cash flows.

[charggg] 13/4/2022 07:20

"The most material and transformational event came post period end with the raising of £7.02 million to fund the farm-in for 25% of North Sea block 13/23c which includes the Serenity oil discovery. This has the combined benefits of balancing our portfolio and offering the potential for significant short term value upside to Europa. " - Chairman

[glennborthwick] 13/4/2022 07:05

Let's see what the market makes of that.

[charggg] 12/4/2022 16:24

Could we get tomorrow or day after, the Interim results? They published it during this week the past few years. Would be good to hear the cash flows from oil production from Wressle, especially with oil prices over $100 the last month or so.

[guesswhosback2] 12/4/2022 14:20

i3e said it remains focused on growing its Canadian business and drilling an appraisal well at its Serenity oil discovery in the UK to prove reserves and to guide future development plans.

very positive statement here.

[p@] 12/4/2022 13:07

Hyper you,re 50 years out of date!

[charggg] 12/4/2022 08:45

Nice publicity in EnergyVoice. Word will start spreading slowly regarding the oil exploration well coming up in North Sea. Can't think of any other junior oil exploration plays in North Sea?A "company-making resource" for a £300mn market cap company should also mean a company-making resource for a £27mn market cap company?"The team remains confident in its belief that the Serenity field holds a company-making resource, and we expect this next appraisal well to prove that premise."Discussions continue with other potential farminees, and i3 will consider bringing in additional parties up to the point of drilling commencement."https://www.energyvoice.com/oilandgas/north-sea/exploration-production/402470/i3-energy-seeks-more-partners-on-company-making-north-sea-field/

[charggg] 12/4/2022 08:41

Ignore user function works well.

[jungmana] 12/4/2022 08:32

Oh NO! not again? Axl, i3e and now here.