Business
Voitinel Gas Discovery Update
Voitinel Gas Discovery Update.
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n \nEuropa Oil & Gas (Holdings) plc\n\nVoitinel Gas Discovery Update\n\nThe Directors of Europa Oil & Gas (Holdings) plc are pleased to announce the\nresults of the drillstem test evaluation for Voitinel-1, the full details of\nwhich can be found in the Aurelian's RNS of today.\n\nThe assessment of the test results is that there is a likely range of gas in\nplace in the tested interval of between 50 and 100 billion cubic feet. There is\nuntested upside in further intervals interpreted as similarly gas-bearing which\nwill be tested in due course.\n\nThe partnership will agree a forward appraisal plan for the discovery in the\nnear future.\n\nPaul Barrett, Managing Director of Europa, said `This is clearly excellent\nnews. The key to the analysis is that no depletion was seen in the tests,\nlending confidence to the view that this represents a significant gas discovery\nwith further untested upside.'\n\nFor further information, please contact:\nEuropa Oil & Gas Paul Barrett 01235 553266\nSeymour Pierce Jonathan Wright 020 7107 8000\n ","length":1049,"tagName":"div"}]