Planning Decision

Planning Decision

The Directors of Europa Oil & Gas (Holdings) plc confirm yesterday's decision
of the Planning Committee of Surrey County Council to refuse planning
permission for the UK onshore Holmwood-1 exploration well. 

The combination of the very close voting result and the recommendation by the
Planning Officers to allow the drilling, following an exhaustive review of the
application, gives the Directors and partners sufficient justification to
appeal this decision on the grounds that the decision to refuse was not made
purely on the facts of the case.

Paul Barrett said that, "We believe the proposal submitted to the Council was
technically strong, fully supported by the County's own Planning Officers and
as such the refusal is thought likely to be overturned on appeal."

Holmwood is situated in PEDL143, the owners of which are Europa Oil & Gas Ltd
(Operator) (40%), with partners Egdon Resources (40%) and  Warwick Energy
(20%).

For further information, please contact:

Europa Oil & Gas        Paul Barrett    01235 553266

finnCap                        Sarah Wharry  0207 220 0567