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Europa Oil & Gas sees immediate interest in South Porcupine farmout

Hugh Mackay, chief executive of Europa Oil & Gas Holdings Plc (LON:EOG), tells Proactive that on the same day they opened up the data room and launched a farmout process for three of their  licences in the South Porcupine Basin they've seen immediate interest from potential partners.

''We already have the target market in our virtual data room looking at the data ... this isn't our first rodeo but that has never happened before''.

Mackay also talks through the updated prospect inventory for the Frontier Exploration Licences 1/17 and 2/13 as well as the recent Wressle planning application submission.

Quick facts: Europa Oil & Gas Holdings PLC

Price: 0.977 GBX

AIM:EOG
Market: AIM
Market Cap: £4.34 m
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Sigh of relief from Union Jack Oil after Wressle re-submission

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), talks to Proactive's Andrew Scott after Egdon Resources Plc (LON:EDR), the operator of the Wressle project in which UJO and Europa Oil & Gas PLC (LON:EOG) have stakes, submitted a new planning application for the...

on 9/7/18

2 min read