Europa Oil & Gas chief executive highlights entry to Equatorial Guinea in half-year results
–News Direct–
Europa Oil & Gas (Holdings) PLC (AIM:EOG) chief executive William Holland takes Proactive's Stephen Gunnion through the company's first-half performance, highlighting its entry into Equatorial Guinea, marking its expansion into new territory with the strategic acquisition of a 42.9% interest in Antler Global, giving it a substantial stake in the EG-08 gas asset.
Holland said the venture is considered a groundbreaking, drill-ready joint venture, with the potential for high success in gas exploration due to favourable geological findings similar to nearby successful fields.
Further, Holland detailed the progress in assessing additional prospectivity of deeper horizons in Equatorial Guinea, with future announcements planned as the company seeks a partne...