IN BRIEF: Europa Oil & Gas Finance Head To Leave; On Track At Wressle

Europa Oil & Gas Holdings PLC - UK, Ireland and Morocco-focused oil and gas explorer - Finance ...

Alliance News 20 July, 2020 | 8:44PM
Email Form

Europa Oil & Gas Holdings PLC - UK, Ireland and Morocco-focused oil and gas explorer - Finance Director Phil Greenhalgh is to step down from the board on October 14. Europa does not plan on replacing Greenhalgh but will instead divide his responsibilities among existing board members. Company has also asked Executive Chair Simon Oddie to continue as interim chief executive officer for at least a further six months. Adds that Wressle field in North Lincolnshire on track for first oil in the second half of 2020. Estimated breakeven oil price at the asset is USD17.6 per barrel.

Current stock price: 1.07 pence

Year-to-date change: down 60%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Email Form

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Europa Oil & Gas (Holdings) PLC 1.25 GBX 0.00 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies