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1.375 -0.05 (-3.51%)

Bid:

1.30

Ask:

1.45

Spread: 0.15 (11.538%)

Market Cap: £18.10m

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Drilling Report

1 Nov 2010 08:17

1 November 2010

Drilling Update - Barchiz

The Directors of Europa Oil & Gas (Holdings) plc would like to update the market on progress at Barchiz, the Romanian exploration well, spudded in mid-October.

Currently, the well is drilling the top-hole section at 406m. Minor oil shows and mud gas indications were encountered in sandstones over the interval 268 - 275m, providing evidence for an active petroleum system in the Barchiz area.

It is anticipated that the well will reach the target horizon at a depth of approximately 1,400m in 2-3 weeks time.

Further information:

Europa Oil & Gas

Paul Barrett / Philip Greenhalgh Tel: +44 1235 553 266

finnCap

Sarah Wharry / Henrik Persson, Corporate Finance Tel: +44 207 220 0567 Joanna Weaving, Corporate Broking Tel: +44 207 600 1658

EUROPA OIL & GAS (HOLDINGS) PLC

Date		Source	Headline
2nd May 2007	7:00 am	PRN	Drilling Report
30th Apr 2007	7:44 am	PRN	Half-yearly Report
25th Apr 2007	7:11 am	PRN	Completion of Seismic
20th Apr 2007	10:36 am	PRN	Director and Major Shareholding
18th Apr 2007	7:00 am	PRN	Romania Drilling Report
27th Mar 2007	7:00 am	PRN	Licence Award
13th Mar 2007	7:00 am	PRN	Exploration Operations Update
2nd Feb 2007	7:00 am	PRN	UKCS Licence Award
8th Jan 2007	7:00 am	PRN	Production Update
21st Dec 2006	4:06 pm	PRN	Total Voting Rights
7th Dec 2006	8:03 am	PRN	Drawdown on finance facility to upgrade producing field
1st Dec 2006	7:00 am	PRN	Crosby Warren Oilfield Acquisition
24th Nov 2006	7:00 am	PRN	Notice of AGM
25th Oct 2006	7:00 am	PRN	Final Results
12th Oct 2006	9:53 am	PRN	Holding(s) in Company
5th Oct 2006	7:01 am	RNS	First Gas Sales
14th Sep 2006	7:00 am	PRN	New Exploration Acreage
12th Sep 2006	8:00 am	RNS	Bilca Development Update
1st Sep 2006	2:26 pm	PRN	Holding(s) in Company
25th Jul 2006	7:00 am	PRN	Production Update
5th Jun 2006	7:00 am	PRN	License Update
2nd Jun 2006	7:00 am	PRN	Financing Facility
31st May 2006	7:00 am	PRN	Romania
11th May 2006	10:43 am	PRN	Holding in Company
2nd May 2006	8:48 am	PRN	Egypt License Award
25th Apr 2006	7:00 am	PRN	Interim Results
19th Apr 2006	7:00 am	PRN	Change of Advisers
10th Apr 2006	11:03 am	RNS	MARKET MAKER HOLDING
7th Apr 2006	11:38 am	RNS	Market Maker Holding
3rd Apr 2006	7:00 am	PRN	Operational update
27th Mar 2006	11:51 am	RNS	Holding(s) in Company
17th Mar 2006	7:00 am	PRN	Award of Licences
15th Dec 2005	7:01 am	RNS	Director/PDMR Shareholding
14th Dec 2005	2:02 pm	RNS	AGM
6th Dec 2005	7:01 am	RNS	Costisa - 1z Well
24th Nov 2005	7:01 am	RNS	Reserves Upgrade
1st Nov 2005	7:00 am	RNS	Final Results
18th Oct 2005	7:29 am	RNS	Bilca Construction Award
13th Oct 2005	7:00 am	RNS	Farm-in Agreement
6th Oct 2005	7:00 am	RNS	Licence Update
3rd Aug 2005	8:30 am	RNS	Bilca Development Approval
1st Aug 2005	7:00 am	RNS	Costisa well update
22nd Apr 2005	4:23 pm	RNS	Holding(s) in Company
20th Apr 2005	9:03 am	RNS	Gas Discovery in Romania
20th Apr 2005	9:03 am	RNS	West Firsby Update
18th Apr 2005	7:01 am	RNS	Interim Results
29th Mar 2005	10:40 am	RNS	Operational Update
9th Mar 2005	2:25 pm	RNS	Exercise of Warrants
9th Mar 2005	7:00 am	RNS	Whisby Geochemical Survey
4th Mar 2005	4:26 pm	RNS	Holding(s) in Company

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