Will Holland, CEO of Europa Oil & Gas (Holdings) PLC, presented various aspects of the company's current operations and future prospects at the Proactive One2One Investor Forum. The company has three types of assets: cash-generative existing production, appraisal opportunities, and infrastructure-led exploration. Holland emphasised a significant investment opportunity at York for gas.

Europa operates four producing fields in onshore UK, with most value from the Russell field. Plans are underway to expand production at this site. Holland also highlighted the Clausen discovery in North Yorkshire Moors, which has significant potential despite historical challenges. The company is negotiating with the Duchy of Lancaster for drilling access and is preparing for a 3D seismic survey to finalise drilling locations.

In the North Sea, Europa is working with partners on an appraisal field. In Ireland, they hold a promising prospect close to the existing Corrib gas field, requiring a £50 million investment and a farming partner for drilling. The Irish government supports the project, and discussions are ongoing to secure necessary approvals.

Lastly, in Equatorial Guinea, Europa acquired a significant interest in a block with high potential for gas. They are preparing to start the farm-out process to attract partners for exploration drilling. The company also plans to continue seeking new opportunities fitting their expertise.

Watch the video   l   KeyFacts Energy: Europa Oil & Gas UK country profile