Finance News Oil & Gas

Europa swaps Wressle revenue for $500,000

Europa Oil & Gas (Holdings) plc has agreed to swap revenue from its share of the Wressle onshore oil joint venture for US$500,000, paid upfront. RESOURCES The payment to an unnamed Canadian investment company will equal 4.5% of the gross revenues from the Wressle 1 well in North Lincolnshire. Europa said that the agreement is […]