Europa Oil & Gas chief executive William Holland takes Proactiv’es Stephen Gunnion through the company’s financial and operation results for the year to July 31, 21023, which he said revealed significant progress.
Despite a lower oil price and a weaker pound, the company reported steady revenue from operating activities of $6.7 million, supported by increased production from its flagship asset, the Wressle oilfield.
Holland also discussed the company’s offshore operations in Ireland and progress with the Serenity discovery in the North Sea.
Europa Oil & Gas is an AIM-listed exploration and production company focused on developing its balanced portfolio of assets in the North Sea and Atlantic Ireland, supported by revenue from onshore oil production in the UK.
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