Europa Oil & Gas (AIM:EOG), the UK, Ireland and West Africa focused oil and gas company has recently acquired a new high impact gas exploration asset in Equatorial Guinea.

The EG-08 Licence has material gas potential of 1.4 Trillion Cubic Feet potential close to existing infrastructure. Infrastructure-Led Exploration or ILX projects are what oil and gas majors are keen on.

Will Holland, CEO, presented and took investor questions at our focusIR/London South East Investor Relations webinar, our first live event of the year.

The Europa portfolio also includes 100% of the Inishkea West Licence off the coast of Ireland, which has similarly huge gas potential close to the producing Coribb gas field, another ILX project.

On both those projects Europa are seeking a partner to drill a discovery well. Europa also hold various onshore UK gas and oil assets, primarily at Wressle and Cloughton and are currently developing both projects.

Will Holland discusses the portfolio and it’s potential in depth.