Director's Dealings

Europa Oil & Gas plc / Index: AIM / Epic: EOG / Sector: Oil & Gas       

31 July 2012

          Europa Oil & Gas (Holdings) plc (`Europa' or `the Company')          

                              Director's Dealings                              

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and
development company with a combination of producing and exploration assets in
Europe, received notification today that Bill Adamson, Chairman of the Company,
today purchased 150,000 ordinary shares of 1 pence each in the Company
(`Ordinary Shares') at a price of 5.1 pence each.

Following this purchase, Bill is interested in 475,000 Ordinary Shares
representing 0.34 per cent of the issued ordinary share capital of the Company.

                                   **ENDS**                                    

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                      [phone]    
                                                                               
Henrik Persson        finnCap Ltd                      [phone]    
                                                                               
Frank Buhagiar        St Brides Media and Finance Ltd  [phone]    
                                                                               
Lottie Brocklehurst   St Brides Media and Finance Ltd  [phone]    

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. The Company currently produces
approximately 200 barrels per day of oil in the UK, generating sufficient
revenues to cover corporate overheads. In addition, it has highly prospective
exploration projects in the UK, Ireland France and Romania, the most
significant asset being the Berenx gas appraisal project in onshore France.