News Oil & Gas

Antler granted more time for EG-08 PSC

Antler Global Ltd has received a 12-month extension to the first two years of the production sharing contract for EG-08 block, offshore Equatorial Guinea. FARM-OUT The company has an 80% working interest in the PSC, while national oil and gas company, Guinea Equatorial de Petróleos (GEPetro), holds 20%. EG-08 contains 2.196 trillion cubic feet (Pmean), […]

News Oil & Gas

Antler signs heads of terms for EG-08

Europa Oil & Gas (Holdings) plc’s associated company, focused on Equatorial Guinea, has signed a tentative farm-out agreement for the offshore EG-08 block production sharing contract. BARRACUDA The investor holds a 42.9% equity in explorer Antler Global Ltd which in turn owns an 80% working interest in the EG-08 PSC. National company Guinea Ecuatorialde Petroleos […]

News Oil & Gas

Europa-Antler increase EG-08 unrisked resource

Europa Oil & Gas (Holdings) plc reported a 716 bcf rise in unrisked prospective resources in EG-08 block, offshore Equatorial Guinea. EXPLORATION The increase, identified from technical data of the O-2 well drilled in 2007 by Noble Energy, takes the total gross unrisked mean prospective resources to 2.116 tcfe. Since Europa invested 42.9% stake in […]

News Oil & Gas

Europa expands into Equatorial Guinea

Europa Oil & Gas (Holdings) plc has broadened its portfolio with an interest in a production sharing contract, offshore Equatorial Guinea. DRILL-READY The company purchased 42.9% equity in explorer Antler Global Ltd via a US$3 million cash share subscription, payable in four instalments. Antler holds an 80% working interest in the “highly prospective” EG-08 PSC […]