Business
Production Operations Update
Production Operations Update.
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n \n22 November 2010\n\nEuropa Oil & Gas (Holdings) plc\n\nProduction Operations Update\n\nThe Directors of Europa Oil & Gas (Holdings) plc are pleased to provide an\nupdate on production operations in the East Midlands. The workover on West\nFirsby-6 is now complete and the well is back on jet pumped production. It may\ntake a short time for reservoir drawdown, and thus production, to reach a\nstable maximum. All 5 of Europa's production wells are onstream.\n\nA key element of the company's continuing revenue growth strategy is the\ndrilling of a new production well on West Firsby which, as previously\nannounced, is planned to commence in December. \n\nPaul Barrett, Managing Director, said `It is very satisfying to have all our\nproduction wells back onstream and we can now concentrate on delivering a new\nproduction well on West Firsby in the next two months or so. We expect to see\nfurther significant production growth in early 2011.'\n\nFurther information:\n\nEuropa Oil & Gas\n\nPaul Barrett / Phil Greenhalgh Tel: +44 1235 553 266\n\nfinnCap\n\nSarah Wharry / Henrik Persson, Corporate Finance Tel: +44 207 220 0567\nJoanna Weaving, Corporate Broking Tel: +44 207 600 1658\n ","length":1193,"tagName":"div"}]