19th Nov 2007 11:57
Europa Oil & Gas (Holdings) PLC Issue of Equity
Europa Oil & Gas, the AIM-listed production and exploration company (AIM: EOG), announces that further to a share finance facility entered into with the Headstart Group, 539,811 new ordinary shares have today been issued and allotted in exchange for net proceeds of ‚£95,000. The funds have been used for purchase and installation of the beam pump on the CW-2 well drilled recently.
Following the allotment the total number of shares in issue is 62,563,730 ordinary shares. Application will be made for the new shares to be admitted to AIM. It is expected that dealings in the new shares will commence on 23 November 2007.
Europa Oil & Gas (Holdings) plc
Europa Oil & Gas (Holdings) plc focuses on the production and exploration of hydrocarbons in Europe and North Africa. Europa currently produces over 250 barrels of oil equivalent per day from its operations in the UK. Operating a balanced portfolio, Europa also has field appraisal and exploration activity on a number of projects in the UK and Romania and a strong new ventures programme across Europe and the North African region.
For more information please visit www.europaoil.com
Contact Information:
Paul Barrett, Managing Director, Europa Oil & Gas (Holdings) plc +44 1235 553 266
Jonathan Wright / Parimal Kumar, Seymour Pierce Limited +44 20 7107 8000
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EUROPA OIL & GAS (HOLDINGS) PLCRelated Shares:
Europa Oil & Gas