We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Europa Oil & Gas (holdings) Plc | LSE:EOG | London | Ordinary Share | GB00B03CJS30 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.85 | 0.80 | 0.90 | 0.85 | 0.85 | 0.85 | 1,900,307 | 07:31:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 6.65M | -852k | -0.0009 | -9.44 | 8.14M |
TIDMEOG
RNS Number : 4302Q
Europa Oil & Gas (Holdings) PLC
18 October 2023
Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas
18 October 2023
Europa Oil & Gas (Holdings) plc
("Europa" or the "Company")
Wressle Update
Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration, development and production company, is pleased to announce that workover operations on the Wressle-1 well to install a downhole jet pump and recomplete the well have been successfully concluded. The workover rig has been demobilised from the Wressle site.
A new surface Triplex pump has been purchased and has been installed and connected. The final stages of the surface facilities upgrades are nearing completion. The re-instatement of production operations at Wressle-1 well is currently expected during the week commencing 23 October 2023.
Europa holds a 30% economic interest in Wressle (PEDL180/182).
Will Holland, Chief Executive Officer of Europa, said:
"Operations to install a jet pump at our core Wressle oilfield are progressing well, with production from the field expected to restart next week. We are pleased that the work has gone so smoothly and I look forward to updating the market on resumption of production".
* * ENDS * *
For further information, please visit www.europaoil.com or contact:
William Holland Europa Oil & Gas (Holdings) mail@europaoil.com plc Strand Hanson Limited - Nominated & Financial +44 (0) 20 7409 James Dance / James Spinney Adviser 3494 +44 (0) 20 7186 Peter Krens Tennyson Securities 9033 Patrick d'Ancona / Finlay + 44 (0) 20 7390 Thomson / Kendall Hill Vigo Consulting 0230
Notes to Editors
Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. Average production for the 6-month period ending 31 January 2023 was 268 bopd. In April 2022, Europa farmed into P.2358, Block 13/23c ("Serenity") in the Outer Moray Firth area of the North Sea. The licence contains the 2019 Serenity oil discovery, in which Europa has a 25% interest. The Company holds one exploration licence offshore Ireland, which has two principal prospects, the largest of which has the potential to host gross mean un-risked prospective resources of 1.5 trillion cubic feet ("tcf") gas. Inishkea is a near field gas prospect in the Slyne Basin which the Company classifies as lower risk due to its close proximity to the producing Corrib gas field and associated gas processing infrastructure.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
UPDMRBATMTABBAJ
(END) Dow Jones Newswires
October 18, 2023 02:00 ET (06:00 GMT)
1 Year Europa Oil & Gas (holdin... Chart |
1 Month Europa Oil & Gas (holdin... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions