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Europa Oil & Gas hopes to have increased its farm-out chances offshore Ireland with new acquisition

Europa Oil & Gas Holdings PLC's (LON:EOG) Simon Oddie speaks to Proactive London's Andrew Scott following the announcement they've expanded its footprint offshore Ireland with the acquisition of a 100% interest in an area in the vicinity of the Corrib gas field and its own Inishkea exploration prospects. EOG is acquiring Frontier Exploration Licence (FEL) 3/19 from Oslo-headquartered DNO which is host to the 1.2 trillion cubic feet (tcf) Edge prospect. Oddie says it's an exciting licence which they've had their eye on for a while.

Quick facts: Europa Oil & Gas Holdings PLC

Price: 1.1 GBX

AIM:EOG
Market: AIM
Market Cap: £4.89 m
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