Europa Oil & Gas

Oil & Gas

Europa granted extensions on two licences off Ireland

Europa Oil and Gas (LON: EOG) will carry out further analysis of two blocks off the coast of Ireland after being granted year-long extensions on the licences. The AIM-listed exploration and production company said it hoped that uncovering additional resources would help it find a drilling partner. It plans to carry out extra mapping of potential plays contained within its 100%-owned assets in the South Porcupine Basin, about 120 miles off the south-west tip of Ireland.