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Additional Information
Market: AIM
Sector: Oil & Gas Exploration & Production
Epic: EOG
News: Latest news
Web Site: Europa Oil & Gas
Other Articles: 21-06-201028-05-201024-05-2010

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Thursday September 09, 12:27ZOO Digital’s new iTunes toolset adopted by major Hollywood studio

The new iTunes toolkit automates the production of menus and bonus features, allowing studios to produce enhanced download content at significantly lower costs. The toolkit is expected to open-up 'a large potential market' and add new revenue streams.

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Wednesday September 08, 10:42African Energy Resources encouraged by coal results at Sese, seeks cornerstone partner

With the coal quality, thickness and shallow depth, it augurs well for potential commercial coal production for African Energy at Sese in Botswana.

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Tuesday September 07, 08:12MetroCoal re-affirms Columboola coal Resource yet to be completed

Emerging coal-focused energy company MetroCoal (ASX: MTE) has clarified that it has not completed any resource estimate or report on its Columboola Project area in Queensland's Surat Basin.

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Europa Oil & Gas

Europa Oil & Gas

Europa Oil & Gas (Holdings) plc, is involved in the exploration and production of hydrocarbons in Europe and North Africa. The Company has a balanced portfolio of 13 oil and gas exploration and production assets in the UK, Romania, France, Western Sahara and Egypt.

The Company currently produces oil from three UK onshore oilfields, with ongoing appraisal work in Romania. Exploration is an integral part of the portfolio and the Company has exploration upside in all areas where it holds licences.

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Thursday, March 11, 2010

Europa Oil and Gas plans more substantial perforation on Hykeham-1Z

Europa Oil & Gas (AIM: EOG) has updated investors on the testing of the Hykeham-1Z well, which was drilled on the PEDL150 license, a short distance from the Whisby Field in the UK. After conducting a casing pressure test yesterday, the company has confirmed that the original perforation charges failed to penetrate the well casing, and therefore there is currently no connection to the reservoir.

“Despite the highly unusual situation, this is quite a satisfying result that confirms what the mounting evidence has been suggesting: that the original perforations failed and that this well remains to be tested. We continue to be confident that this well will provide us with a gratifying result in due course”, Europa MD Paul Barrett commented.

Europa said that since running perforating guns over the 4m of Basal Sandstone in February, its operations have concentrated on lifting the reservoir fluids, without success. Yesterday the company conducting a casing pressure test to approximately 4,000psi without leaking-off. Europa also noted that earlier pressure readings on the tubing head indicate a leaking packer.

The company conclude therefore that the Hykeham-1Z well remains completely untested. Subsequently the forward programme on the well will involve perforating the pay interval with more substantial perforating guns, likely to be run on tubing. Europa said that planning the program will take around 2 weeks.

Perforation helps create a hole in the sealed cement well-bore casing and into the hydrocarbon formation to form a channel for the oil/ gas to easily flow from the producing formation into the wellbore. Typically the final stage of cased oil well completion involves running perforating guns, which are essentially a series of explosive charges varying in size and shape, down to the desired location and firing them to perforate the well-bore casing and accordingly connect the well to the oil reservoir.

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