Europa Oil & Gas (EOG.L) agreed to extend the longstop date for the completion of a 40% interest farm-out in the EG-08 production sharing contract offshore Equatorial Guinea.
The longstop date was extended to Sept. 30, the oil and gas exploration company said in a Tuesday filing. The farm-out agreement is being carried out by Europa's associated company, Antler Global, and Fuhai (Beijing) Energy.
The agreement remains subject to approval from the Beijing Municipal Development and Reform Commission.