Despite a lossmaking 12 months, Europa Oil and Gas said discussions are ongoing around potential routes to develop its Serenity discovery alongside the nearby Tain field.
Europa oil and gas
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
Europa Oil and Gas Holdings (LON: EOG), which has a stake in North Sea field, has announced a change to its top brass.
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
‘Various options’ are on the table as the partners behind the ‘disappointing’ Serenity field try to garner some value from the project.
Europa Oil and Gas (AIM:EOG) has announced a significant uptick in revenues and profits for the 2021/22 period, despite disappointment at its Serenity farm-in.
i3 Energy (LON: I3E) has announced “disappointing” results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
i3 Energy (LON: I3E) has said it will drill its “company-maker” Serenity appraisal well this month.
I3 Energy has completed a farm-out of a 25% working interest in its Serenity field to Europa Oil and Gas.
Europa Oil and Gas has announced the appointment of Will Holland to the role of chief financial officer and executive director later this year.
North Sea firm i3 Energy has executed a key part of a deal to dish out a 25% stake in its Serenity field.
Shares in Egdon Resources climbed more than 30% today as the firm and its partners reported first oil from the Wressle project, onshore UK, was approaching fast.
UK and Ireland focused Europa Oil & Gas has raised £4 million through the placing of 133m new shares.
Europa Oil and Gas will today ask Surrey Council for a three year extension to its temporary permission period for the Holmwood well in the Weald Basin.
Europa Oil and Gas has announced that it is beginning the farmout process from its collected Irish licences, estimated to hold 4.3 billion barrels of oil equivalent (BOE).
UK and Irish focused oil firm Europa Oil and Gas has said today that it is reporting a “near doubling” of its prospect inventory in the South Porcupine Basin, Atlantic Ireland.
Egdon Resources has bought an additional 5% interest in the licences containing the Wressle oil discovery and the Broughton North prospect.
Europa Oil & Gas said the Environment Agency is "minded" to award a permit for drilling and testing the Holmwood exploration well in Surrey.
Europa Oil and Gas narrowed its losses during a 2016/17 financial year marked by “record levels” of corporate activity at the AIM-listed company.
The Irish Government has extended two of Europa Oil and Gas' exploration licences by two years to July 2019.
Oil and gas exploration company Europa Oil and Gas has conditionally raised £2.1million from fundraising efforts.
Europa Oil and Gas said today that two of its prospects off Ireland contain prospective resources of more than 500million barrels of oil.
The Irish Government has sanctioned Europa Oil and Gas’s farm out of a 70% stake in an offshore licence to Edinburgh-based Cairn Energy.
Europa Oil & Gas is punching above its weight, its CEO has said.