Europa Oil & Gas (holdings) Plc · LSE:EOG
Europa Oil & Gas (holdings) — Proactive One2One Forum (January 2023)
13 slides from Europa Oil & Gas (holdings)'s conference presentation, Jan 12, 2023
Slide 1: Europa Oil and Gas Proactive One2One Forum
January 2023 Europa Oil and Gas Proactive One2One Forum 12 January 2023 Social media Europa Oil & Gas plc | @Europaoilandgas Europa Oil & Gas (Holdings) plc | www.europaoil.com | AIM : EOG
Slide 2: Disclaimer
January 2023 DISCLAIMER The information contained in these slides and this presentation is being supplied to you by Europa Oil & Gas (Holdings) plc (Company No 05217946) on behalf of itself and its subsidiaries (together “the Company”) solely for your information and may not be reproduced or redistr
Slide 3: Europa Corporate Overview
January 2023 Europa Corporate Overview Europa Oil and Gas (Holdings) plc (AIM: EOG) is an oil and gas company which is building a balanced portfolio of producing, appraisal and exploration assets with minimal emissions whilst also looking to repurpose legacy UK wells for geothermal energy generation
Slide 4: East Midland and Cleveland Upside
January 2023 East Midland and Cleveland Upside o Gross revenue from Wressle of $30m since Aug21 (net $9m to EOG)1 o Wressle gas solution and subsequent revenues expected early 2023 o Targeting Penistone well in late 2023, potential to materially increase production o 2nd Penistone well and also Brou
Slide 5: East Midland and Cleveland Upside
January 2023 East Midland and Cleveland Upside Intra Namurian two way time map. ROC OIL (UK) Ltd. Europa Oil & Gas (Holdings) plc | www.europaoil.com | AIM : EOG 1. 5
Slide 6: Serenity Field (Europa 25% interest)
January 2023 Serenity Field (Europa 25% interest) o Oil discovery at well 13/23c-10 announced October 2019 by i3 Energy o Drilled down-dip of Tain oil field (32° API oil, flow-tested 6,270 BOPD & 1.6 MMSCFD) o S1 well encountered 31.7o oil (11ft) in Upper Captain sands (30% porosity) o i3 Energy ana
Slide 7: Serenity: Development Options
January 2023 Serenity: Development Options o Although the SA-02 appraisal well encountered water-wet sands in October 2022, we believe there is still commercial upside from the discovery well o With our partner i3 Energy we continue to evaluate development options either involving a tie-back to exis
Slide 8: Prospectivity and way forward
IRELAND January 2023 Europa 100% equity Prospectivity and way forward & Operator in 4/19 o Inishkea is a drill-ready, 1.5 tcf prospect, a Corrib play analogue Pipeline o Europa Initiated farm-out process using LAB Advisors in January 2023 o Targeting exploration well 2024/25 o Strategic focus on gas
Slide 9: Financial highlights & 2023 Budget
January 2023 Financial highlights & 2023 Budget o Financial Performance (to 31 July 2022) o Revenue more than quadrupled to £6.6 million (2021: £1.4 million) o Pre-tax profit of £1.4 million (2021: pre-tax loss £0.85 million) o Net cash generated £2.5 million (2021: used in operations £0.5 million)
Slide 10: Board and Key Management
January 2023 Board and Key Management Non-Execs. Directors Brian O’Cathain Simon Oddie, CEO Will Holland, CFO Non-Exec Chairman Petroleum Eng, Commercial, Commercial, Corporate finance, Petroleum Eng, Commercial, Corporate, Management Corporate governance Corporate governance Management Stephen Will
Slide 11: ESG Credentials
January 2023 ESG Credentials Europa Oil & Gas (Holdings) plc | www.europaoil.com | AIM : EOG 1. 11
Slide 12: ESG Next Steps
January 2023 ESG Next Steps Europa Oil & Gas (Holdings) plc | www.europaoil.com | AIM : EOG 1. 12
Slide 13: Glossary
January 2023 Glossary 2D / 3D Seismic Two-Dimensional / Three-Dimensional Seismic AFE Authorisation For Expenditure AIM Alternative Investment Market of the London Stock Exchange API American Petroleum Institute BBL Barrel BOE Barrels of Oil Equivalent BOPD Barrels of Oil Per Day CNS Central North S
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