Europa Oil & Gas Regulatory News (EOG)

EUROPA OIL & GAS (HOLDINGS) PLC - Director's Dealings

PR Newswire

London, June 16

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas

17 June 2016

Europa Oil & Gas (Holdings) plc (‘Europa’ or ‘the Company’)

 Director’s Dealings

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, received notification that Hugh Mackay, Chief Executive Officer of the Company, today acquired 250,327 ordinary shares of 1 pence each in the Company (‘Ordinary Shares’) at an average price of 3.99 pence each. Following this purchase, Hugh is interested in 3,084,716 Ordinary Shares representing 1.26% per cent of the issued ordinary share capital of the Company.

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Notes

Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets that includes production, exploration and development interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. In 2015 Europa produced 141 boepd. Its highly prospective exploration projects include the Wressle development (targeting production start-up later in 2016 at up to 500 bopd gross) in the UK; 100% owned gas exploration prospect (107 bcf) and appraisal project (CPR 277 bcf) in onshore France, a joint venture with Vermilion Energy also in onshore France; and seven licences offshore Ireland with the potential to host gross mean un-risked resources of more than 4 billion barrels oil and 1.5 tcf gas across all seven licences.