Aurelian Romania and Barchiz Update

9 September 2010

Aurelian Romania and Barchiz Updates

The Directors of Europa Oil & Gas (Holdings) plc wish to provide an update on
the Company's Romanian operations in addition to that provided today by
Aurelian Oil & Gas plc. The main points of the release made today by Aurelian
are as follows:

  * Voitinel gas-in-place figures up to more than 400 bcf confirmed with new
    well and test data
   
  * New prospect identified to the west of Voitinel
   
  * 2010 Seismic acquisition campaign is complete and being processed
   
  * Preliminary data has revealed several leads in the Cuejdiu oil play, each
    of 50-100mmbo size range
   
  * Significant upgrade likely of Cuejdiu Licence Prospective Resources in the
    thrust belt oil play as a result of the new data
   
In addition, the Company has been informed by the Operator, MND, that the
Barchiz-1 exploration well, situated in the Brates Block (Europa 20%), is
anticipated to spud in late September. This prospect is situated close to and
along trend with the Moinesti Oilfields and will be the first thrust belt play
well drilled in this part of the basin based on modern seismic data. It has
potential for up to 30 mmbo reserves and if successful is one of several
similar leads on the Brates Licence that trend up towards the newly identified
leads on the Cuejdiu Licence.

Paul Barrett, Managing Director, said `It is very encouraging that the 2010
seismic data is already capable of identifying structural leads even at the
early processing stages. It bodes well for the oil play exploration programme
in this underexplored part of the 5 billion barrel fairway.'

For more information, contact:

Europa Oil & Gas     Paul Barrett             [phone]
Astaire Securities     Shane Gallwey/Toby Gibbs      [phone]
Astaire Securities     Charles Vaughan [phone]

The contents of this news release have been reviewed and approved by Paul
Barrett, MSc., a geologist with over 30 years oil and gas experience.

The full Aurelian news release can be found at www.aurelianoil.com