.

Before long we will get a resurgence in these small oil exploration companies, it's cyclical, I have invested in them for many yrs on and off. IMO EOG has the better chances but is well out of favour. I see this turning as news flow in the sector is set to increase this yr, they have some decent prospects and the farm ins, now the cash. The Ireland prospect alone could transform this little company. IMO a lower risk play and at this price, very low risk with huge upside, it may be worth you having a small punt.

Am also in XEL

you put your money where you want old son!
XEL actually has oil and loads of it .... now tell me about its share's performance!
RKH - ditto
BOR - dead duck along with the others in the falklands
do you want any more?

Exactly, the sector is out of favor as it was before a boom couple yrs ago, made a lot there. Now back down. Tide is going to change again IMO buy low or at present buy very low indeed, sell high or if you like bit higher.

or keep your money invested elsewhere
would well rather buy into a good quality, well-spread mining stock, and even those i'll probably leave alone for now

Check out : Providence Resources (PVR) Cynic, Robstuff,... way undervalued with a 350 million barrel recovery "Barryroe oil discovery" in the Celtic sea now awaiting a big-boy to "farmin"....and coming up this spring : an appraisal well in the atlantic margin area off Ireland for a gas condensate discovery "Spanish Point"....loads of prospects...and a market cap of 160 million pounds only...with no debt !.. (just ridiculous in my view)...sp rising fast as we speak...(about time too)....I'm a real fan of this one....same sort of case as XEL a few years ago...good luck...all...

Agree, do like it and a similar play to EOG, with The Ireland acreage but ten times the mkt cap.

i'ld certainly rather have PVR, though far from desperate to have any more oil exposure

These little Oilies are starting to stir, 2014 I think is going to be their year. And let's face it, they have a long way to recover.

rob may be worth a punt @7p, why is there some "dispute" going on to remove two directors?

Previous directors who set up the co I believe who think it could be managed better. they are pretty successful so may not be a bad thing but IMO they see huge potential with Ireland, and onshore England fracking and now after Ebdon farmin, looks good for EOG

rob tks bought a few, just for fun, cheap as chips!

Can't go wrong there Halifax, so much potential, possible fracking opportunity and capitalized at 13m, it has suffered badly last yr but until now was totally overlooked. Has risen today On the back of Egdon rising 150% on a farmin, we already have farmin ptners and cash in the bank so has a long way to go I should think, will be an interesting year.

15 January 2014

Europa Oil & Gas (Holdings) plc ('Europa' or 'the Company')

Withdrawal of requisition notice

Further to the Company's announcement of 8 January concerning the receipt of a notice requisitioning a general meeting of the Company's shareholders pursuant to section 303 of the Companies Act 2006 (the "Requisition Notice"), the Company is pleased to announce that it has received a letter from Paul Barrett and Dr Erika Syba formally withdrawing the Requisition Notice.

The directors of Company remind shareholders that the latest time for applications under the Open Offer, as announced on 20 December 2013, is 11.00 a.m. on 17 January 2014. The Company expects to announce the results of the Open Offer on 20 January 2014.

The Company looks forward to focussing its full attention on continuing to progress its exploration assets and deploying the proceeds of the Placing and Open Offer across its work programme during 2014.

The Company will provide further updates on its progress in due course.

**ENDS**

MM's holding this one back?

sp up 12% after successful open offer.

sp moving up 14% @ 9p

Nice to see directors buys and good write up in Shares mag


"small oil and gas explorer could be onto a big thing with shale asset" Investors looking to gain small cap exposure to the UK shale story could consider Europa Oil & Gas (EOG:AIM). The firm’s PEDL 181 interest in this potentially exciting new energy source lies adjacent to the licences that French oil major Total (FP:PA) has bought into. Alongside confirmation of a one-year extension to PEDL 181 (13 Jan), the £13 million cap noted that the East Midlands licence could contain shale gas. The asset, in which Europa has a 50% working interest, is located in close proximity to the two licences Total farmed into on the same day Europa announced its news. Europa’s peer Egdon Resources (EDR:AIM) has a stake in the Total assets and has trebled since it transpired the energy giant will bankroll a £29.7 million work programme. Total will fund a 3D seismic survey, a vertical exploration well and, conditional on the success of the testing of the exploration well, a horizontal appraisal well. Europa should see a tangential benefit from this activity and if further entrants follow Total, then its acreage could be in demand. Shale gas is brought to the surface through the application of two technologies – horizontal drilling and hydraulic fracturing, or ‘fracking’. The latter involves pumping a mixture of chemicals, sand and water into shale rock at high pressures to stimulate the flow of gas and oil. The technique is controversial but the exploitation of shale gas has the firm backing of the Government which is offering generous tax breaks to operators and, in an attempt to win local councils round to the idea, will allow them to keep 100% of any business rates generated. Even if Europa’s shale potential goes unrealised in 2014 there are a number of other catalysts in the offing, including drilling on the Kiln Lane prospect on PEDL 181, due around the middle of the year. December’s £3 million share placing means the firm is covered for the costs here and for an exploration well at Wressle, Europa’s other onshore UK prospect. The latter is estimated to contain a relatively modest 800,000 barrels of oil equivalent net to the company but is low risk and could be brought on stream fairly rapidly. A farm-out of its Bearn des Gaves permit in France would allow the group to test the much larger 416 billion cubic feet Berenx gas prospect. And in 2015 it could drill a well on acreage in the Porcupine basin offshore Ireland, where it is partnered by US firm Kosmos Energy (KOS:NYSE). Europa offers another means of playing UK shale at 7p.

Notification of Interest in Shares

Director Share Purchase

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and
development company with a combination of producing and exploration assets in
Europe, announces that Hugh Mackay, CEO of the Company, has today acquired
545,880 ordinary shares of 1 pence each in the Company (`Ordinary Shares') at a
price of 8.2 pence each.

Following this purchase, Hugh is interested in 2,340,883 Ordinary Shares
representing 1.14 per cent of the issued ordinary share capital of the Company.

**ENDS**