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.
Europa oil and gas
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.
Europa Oil and Gas’ farm out of interests in two licences in Lincolnshire has been approved, the company said yesterday.
Aberdeen-based Zenith Energy has won a contract worth a six-figure sum to provide well management services for Europa Oil and Gas.
Europa Oil and Gas said today it had snapped up a rival firm for £1 - a move that will increase its stakes in two UK exploration licences.
Europa Oil & Gas has increased its sole operatorship licences in the Atlantic basins offshore Ireland to seven following the latest transfer of two licences from Kosmos Energy.
Europa Oil and Gas and Union Jack Oil have joined other oil juniors on the PEDL143 licence in southern England, which hosts the Holmwood prospect, after signing a deal to acquire a stake in the project by partly funding future work programmes.
Europa Oil and Gas is gearing up for production from its Wressle onshore UK oil field and is aiming to expand its acreage in Ireland's Atlantic Margin.
Europa Oil & Gas today said a trio of offshore finds will add 895 million barrels of oil equivalent (boe) to its portfolio.
Europa Oil has said success with its offshore Ireland assets would be a "company maker" for the upstream independent.
British independent producer Europa Oil & Gas has said it expects its fortunes to improve in coming months after reporting a year-on-year loss in its recent 12-month results.
Europa Oil & Gas believes there may be more oil in its Lincolnshire well than it had earlier thought.