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Europa Oil&gas Share Chat (EOG)



Share Price: 7.875Bid: 7.75Ask: 8.00Change: 0.00 (0.00%)No Movement on Europa Oil&gas
Spread: 0.25Spread as %: 3.23%Open: 7.875High: 7.875Low: 7.875Yesterday’s Close: 7.875


Share Discussion for Europa Oil&gas (EOG)


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sarge123
Posts: 1,819
Observation
Opinion:No Opinion
Price:5.75
Noendgame
16 Feb '15
THANKS
 
NOENDGAME
Posts: 91
Off Topic
Opinion:No Opinion
Price:5.63
RNS (excerpt)
16 Feb '15
Under the terms of the FOA, Vermilion acquires an 80% interest in, and
operatorship of, Tarbes with Europa holding the remaining 20% interest.

* Should Vermilion decide to proceed with exploration activities, they will
assume 100% of the cost of an optional work programme, which may include
seismic acquisition/reprocessing and drilling operations up to a total of €
4.65 million. Once costs above this level are incurred, Europa will be
responsible for its 20% share of future work programme costs

* Tarbes contains several oil accumulations that were previously licensed by
Elf but were abandoned in 1985 due to a combination of technical issues and
low oil prices. Two fields, Jacque and Osmets, were drilled using vertical
wells and generated modest production.
sarge123
Posts: 1,819
Observation
Opinion:No Opinion
Price:5.38
rns
16 Feb '15
Can someone post the rns . the inv********** website I normally use does not appear to have given out all the news this morning!!!
TIPTOP
Posts: 6,052
Observation
Opinion:Strong Buy
Price:5.38
Short term
16 Feb '15
France will provide some great short/medium term newsflow. If we get both projects up and running.

All looking very good !!!
TIPTOP
Posts: 6,052
Observation
Opinion:Strong Buy
Price:5.38
View Thread (3)
RE: Interesting
16 Feb '15
Our Bearn des gaves licence has much more potential than Tarbes. We should see a great farmout there !!!
jusmasel
Posts: 286
Off Topic
Opinion:No Opinion
Price:5.38
View Thread (3)
Interesting
16 Feb '15
Vermilion have just transferred their gas processing requirwments from Lacq to a NEW third party facility. Seems there is a good future for gas production in the Aquitaine Basin. Mmmmm. Wonder if they are just crossing the t's and dotting the i's now .......
TIPTOP
Posts: 6,052
Observation
Opinion:Strong Buy
Price:5.38
RNS
16 Feb '15
Another well written RNS. Our BOD have clearly been listening to the shareholders. Keep up the good work and pack the information and reiteration in those RNS.
The better informed we are, the happier we are and that's what will attract new investors :-)
TIPTOP
Posts: 6,052
Observation
Opinion:Strong Buy
Price:5.38
Fantastic news
16 Feb '15
Tarbes was always going to be the most difficult of the French licenses to farmout. It was looking like it may have to be dropped. Free carry up to £5m is a great result for us but still retaining a 20% share. Great start to the week !!
RampA
Posts: 979
Off Topic
Opinion:Strong Buy
Price:5.38
Say one thing..
16 Feb '15
Fantastic! Vermillion are an excellent company to join up with and it shows the potential of the French license areas, with more to come by the sounds of it. With Wressle due and plenty of other news this year it should be a company making year.

I usually criticise the BoD but well done chaps for pulling this one out of the multibag. Great start to the week!
Tommy241
Posts: 671
Off Topic
Opinion:No Opinion
Price:5.38
View Thread (3)
RE: Tarbes
16 Feb '15
A pleasant surprise! Sounds like Bernex could be soon by that wording





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