Europa Oil & Gas (Holdings) plc engages in the exploration, appraisal, development and production of oil and gas properties in the United Kingdom, Atlantic Ireland and West Africa. The AIM-listed company produces oil from UK onshore fields including Wressle (30% working interest, net production of 93 barrels of oil per day), West Firsby (100%), Crosby Warren (100%) and formerly Whisby-4; it holds exploration assets such as the Cloughton gas field (40%, 137 Bcf GIIP), Broughton North prospect (30%), Inishkea West gas prospect (100%, FEL 4/19 licence in the Slyne Basin with 1.5 Tcf Pmean prospective resources) and a 42.9% stake in Antler Global, which owns an 80% interest in the EG-08 licence offshore Equatorial Guinea featuring drill-ready prospects Arrowhead, Barracuda (878 Bcfe, 80% chance of success) and Cardinal with total mean prospective resources of 2.2 Tcf gas equivalent. Operations target hydrocarbon production supported by revenue from existing UK fields averaging 114 bopd net during the 11 months to June 2025, alongside low-carbon gas developments near infrastructure such as the Corrib field in Ireland and the UK gas network at Cloughton. Founded in 1995, Europa Oil & Gas (Holdings) plc maintains headquarters at 54 Charlotte Street, London, United Kingdom.
Recent developments include the launch of a farmout process in Q4 2024 for the EG-08 asset through Antler Global, followed in August 2025 by a non-binding heads of terms with a major energy company for an interest in the production sharing contract, advancing towards a formal agreement and drilling of the Barracuda well; submission of a planning application in March 2025 for the Cloughton appraisal well with decision expected in Q4 2025 and seismic planned by year-end; entry into a revenue swap agreement in May 2025 receiving US$500,000 upfront for 4.5% of future Wressle-1 oil revenues; termination in December 2024 of the unprofitable Whisby-4 net profits agreement yielding a £170,000 accounting gain; progression of Wressle development with a planned Penistone Flags well in 2026 and gas monetisation solution following resubmitted planning with emissions assessments; board changes with Bo Krøll appointed non-executive director in December 2024 and chairman in February 2025, alongside resignations of Alastair Stuart and Brian O'Cathain; and a change of accounting reference date to 31 December aligning with industry standards.