IN BRIEF: Europa Oil & Gas "very pleased" as granted licence extension
Europa Oil & Gas Holdings PLC - UK and Ireland-focused oil and gas exploration, development and production company - Announces that the North Sea Transition Authority has granted a two-year extension to the first phase of the PEDL343 licence, which holds Europa's 137bcf Cloughton discovery. Says the first phase will now expire on March 21, 2028, with the second phase expiring on July 21, 2030. Phase 1 work programme includes drilling a well to 6,500 feet TVDSS (true vertical depth below the subsea datum). Read More