Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas
5 August 2015
Europa Oil & Gas (Holdings) plc (“Europa†or the “Companyâ€)
Notification of Interest in Shares
Europa, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has received notification pursuant to the Financial Conduct Authority's Disclosure and Transparency Rules that following the subscription for 1,015,812 ordinary shares of 1 pence (“Ordinary Sharesâ€) in the Open Offer, Bo Kroll and family are now beneficial owners of 7,504,260 Ordinary Shares, representing approximately 3.1% of the Company’s issued share capital.
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.