Europa Oil and Gas reports new prospects at Ireland-based site
8th Dec 2014 12:30
Hydrocarbon producer and developer Europa Oil & Gas announced new prospects have been identified at one of its projects in Ireland. Four prospects, all situated in the South Porcupine Basin, have been identified, two at the firm's FEL 3/13 licence and two at the FEL 2/13 licence. The two prospects
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreWressle-1 success boosts joint owners Egdon, Union Jack and Europa
2nd Sep 2014 09:33
The Wressle-1 exploration well, jointly owned by Egdon Resources, Union Jack Oil and Europa Oil & Gas, has been found to have a potential hydrocarbon pay in three intervals. Drilling on the well, which is located in Scunthorpe, began on 18 July and reached a total depth of 2,240 metres. Thicknes
Read moreLower costs offset drop in H1 revenue at Europa Oil & Gas
15th Apr 2014 13:43
Revenues slipped lower in the first half, Europa Oil & Gas admitted on Tuesday, after it was hit by a decline in the average number of barrels of oil equivalent per day from 177 to 170. Turnover fell from £2.2m to £2.1m, but pre-tax profit doubled to £0.45m from £0.2m, lifted by a reduction in the
Read moreEuropa Oil&Gas on track for full-year production target
10th Feb 2014 12:05
Exploration outfit Europa Oil&Gas delivered interim revenues in line with management´s expectations and was on track to hit its full-year production target of 165 barrels of oil equivalent per day. During the first half of its 2014 fiscal year the company´s revenues dipped slightly, to £2.1m versu
Read moreEuropa CEO grows stake, Vedanta's Agarwal buys another round
30th Jan 2014 16:35
Hugh MacKay, the Chief Executive Officer of Europa Oil and Gas, has acquired 545,880 shares in the AIM-listed company, taking his stake to a total of 2.34m. MacKay, who bought the shares at 8.20p a go, spent a total of £44,762 on the purchase. The transaction came just two weeks after the compan
Read moreAberdeen non-exec shows support after disappointing update
27th Jan 2014 16:30
A Non-Executive Director of Aberdeen Asset Management last week bought a stake in the FTSE 100-listed group worth 60,000 pounds, it was announced on Monday. Richard Mully, who has sat on the board since April 2012, acquired 15,000 shares at 400p a go. The purchase came just a week after the grou
Read moreEuropa Oil & Gas says UK oilfield may hold shale gas
13th Jan 2014 16:39
Europa Oil & Gas has won extra time for an oil exploration project in the UK's East Midlands that could hold shale gas. Europa, which has operations off the coast of Ireland and onshore activities in France and the UK, said Britain's Department of Energy & Climate Change had extended its phase one
Read moreTuesday broker round-up UPDATE
17th Dec 2013 08:14
Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr
Read moreThursday broker round-up UPDATE
24th Oct 2013 09:25
Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv
Read moreEuropa Oil & Gas impresses after 'excellent' year
11th Oct 2013 16:32
AIM-listed oil and gas firm Europa Oil & Gas saw shares jump on Friday after the firm swung to an annual profit despite bottom-line growth being held back by one-offs. Europa achieved "significant milestones" at two of its most highly prospective projects during the year ended July 31st, according
Read moreEuropa Oil & Gas swings into profit in first half
26th Apr 2013 14:00
Europa Oil and Gas swung into a pre-tax profit of 0.2m pounds for the six months to the end of January compared to a loss of 5.6m pounds the previous year. Cash generated from operations rose 25% to £1.0m in the first half from £0.8m the year earlier. More than 2.0bn barrels of oil were identifie
Read moreEuropa Oil and Gas signs farm-in deal with Kosmos Energy
18th Apr 2013 10:47
Europa Oil & Gas has announced a farm-in agreement with a subsidiary of independent exploration and production company Kosmos Energy for two of its licencing options in the South Porcupine Basin offshore Ireland. Under the agreement Kosmos will acquire an 85% interest and be appointed operator of
Read moreThursday broker round-up UPDATE
18th Apr 2013 07:16
African Barrick Gold: Investec reduces target price from 315p to 286p keeping a hold recommendation. BHP Billiton: JP Morgan cuts target price from 2380p to 2330p, while leaving its neutral rating unchanged. Deutsche Bank lowers target price from 2350p to 2334p keeping a buy recommendation. Big Ye
Read moreEuropa Oil & Gas commences seismic acquisition at PEDL 181 licence
19th Mar 2013 08:48
AIM-listed Europa Oil & Gas has commenced 2D seismic acquisition on the PEDL 181 licence in East Lincolnshire, an operational update from the company has shown. The group reported that several prospects or leads had been confirmed on PEDL 181 following technical evaluation. It said that four leads
Read more