Europa Oil & Gas (Holdings) PLC 14th Onshore Licensing Round

 
TIDMEOG 
 
Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas 
 
19 August 2015 
 
          Europa Oil & Gas (Holdings) plc ("Europa" or the "Company") 
 
                    14th Onshore Oil & Gas Licensing Round 
 
Europa, the AIM listed oil and gas exploration and development company with a 
combination of producing and exploration assets in Europe, notes the 
announcement on 18 August by the Oil & Gas Authority ("OGA"), the UK's oil and 
gas regulator, that a first tranche of 27 onshore blocks from the 14th Onshore 
Oil and Gas Licensing Round will be formally offered to companies. 
 
Europa has made a number of applications for onshore blocks as it looks to 
complement its portfolio of producing assets in the UK.  None of these 
applications were for blocks awarded in this first tranche. 
 
The Company understands that a second tranche of 132 further blocks has been 
subjected to detailed assessment under the Conservation of Habitats and Species 
Regulations 2010, the findings of which are now out for consultation.  Subject 
to the outcome of that consultation, the OGA will announce offers for the 
second group of licence blocks later in the year. The licences for all offered 
blocks will then be granted after the terms and conditions have been finalised. 
 
Europa looks forward to further announcements from the OGA with great interest. 
 
                                   **ENDS** 
 
Enquiries: 
 
For further information please visit www.europaoil.com or contact: 
 
Hugh Mackay           Europa                          + 44 (0) 20 7224 3770 
 
Phil Greenhalgh       Europa                          + 44 (0) 20 7224 3770 
 
Matt Goode            finnCap Ltd                     +44 (0) 20 7220 0500 
 
Simon Hicks           finnCap Ltd                     +44 (0) 20 7220 0500 
 
Frank Buhagiar        St Brides Partners Ltd          +44 (0) 20 7236 1177 
 
Lottie Brocklehurst   St Brides Partners Ltd          +44 (0) 20 7236 1177 
 
Notes 
 
Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage 
hydrocarbon assets that includes production, exploration and development 
interests, in countries that are politically stable, have transparent licensing 
processes, and offer attractive terms. In H1/2015 Europa produced 144 boepd 
generating sufficient revenues to cover corporate overheads and some 
exploration expenditure. Its highly prospective exploration projects include 
the Wressle discovery (recently drilled and tested at an aggregate of 710 boepd 
from 4 zones) in the UK; 100% owned gas exploration prospect (107 bcf) and 
appraisal project (CPR 277 bcf) in onshore France a joint venture with 
Vermillion Energy also in onshore France; and a joint venture with leading 
independent Kosmos to explore two licences in offshore Ireland with the 
potential to host gross mean un-risked Prospective Resources approximately 1.7 
billion barrels across both licences. 
 
 
 
END

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August 19, 2015 02:00 ET (06:00 GMT)

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