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4 stories mentioning EOG.LUpdated just now

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Equities

Europa Oil & Gas Extends Longstop Date for Farm-out Deal with Fuhai

Europa Oil & Gas (EOG.L) said Monday the longstop date for a farm-out deal regarding a 40% interest in the EG-08 production sharing contract in offshore Equatorial Guinea was extended to July 31.The deal was signed by the oil and gas explorer's associate Antler Global with Fuhai Group New Energy Holding subsidiary Fuhai (Beijing) Energy.The deal is still subject to the Shandong Provincial government's Overseas Direct Investment approval.

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Equities

Equatorial Guinea OKs Europa Oil & Gas' Farm-out Deal with Fuhai

Europa Oil & Gas (EOG.L) said Friday its associate Antler Global secured approval from Equatorial Guinea's Ministry for Mining and Hydrocarbons Department to complete the previously announced farm-out agreement with Fuhai for the EG-08 production sharing contract.The transaction remains subject to Overseas Direct Investment approval from the Shandong Provincial government in China.The oil and gas company holds a 42.9% stake in Antler, which will continue as operator with a 40% working interest in the production sharing contract. Fuhai will hold 40%, while Equatorial Guinea's national oil company GEPetrol will hold the remaining 20%.The company added that it plans to drill the Barracuda-1 well in early 2027.

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Equities

Europa Oil & Gas Refused Planning Permission for Appraisal Well in UK

Europa Oil & Gas (EOG.L) said the Local Planning Authority in North Yorkshire, UK, has refused planning permission for the Cloughton gas appraisal well.The oil and gas company noted in a Monday filing that the refusal was despite an approval recommendation made by the North Yorkshire Council's own planning officers.Europa Oil & Gas is assessing its options with a view to appealing the decision and remains confident that the planning permission will ultimately be granted.

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Equities

Europa Oil & Gas' Well Plan in UK Town Faces Local Opposition

Europa Oil & Gas (EOG.L) said Monday that the North Yorkshire Council planning committee is minded not to approve a proposed well at its Cloughton prospect in Burniston, UK.The oil and gas company noted that the proposal had received a positive recommendation from the council's planning department. It plans to appeal the decision once a final recommendation is issued, saying it is confident that the planned well will be approved on appeal.

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