News Oil & Gas

Europa aims for balanced oil and gas portfolio

Europa Oil & Gas (Holdings) plc saw its operations continue to progress while the company minimised losses and controlled spending during the second half of 2020. In its interim report for six months ended 31 January 2021, the company recorded a fall in revenue to £0.5 million compared with the first half ended 31 July […]

Finance News Oil & Gas

Europa to raise £2m via placing-broker option

Europa Oil & Gas (Holdings) plc has conditionally raised £2 million through a placing and broker option. The company conditionally raised £1.5 million (before expenses), through the issue of a total of 115,384,616 new ordinary shares at a price of 1.3 pence per placing share. Europa has also granted a broker option to conditionally raise up to a […]

News Oil & Gas

Europa losses widen as it offloads licences

Europa Oil & Gas (Holdings) announced a pre-tax loss of £5.4 million compared with £0.7m in 2019 including write-offs taken following the company’s relinquishment of its Irish licences. In its final results for the 12 months ended 31 July 2020, the hydrocarbon company with interests in the UK, Ireland and Morocco also announced pre-tax loss […]