Europa Oil & Gas (Holdings) Plc : HMRC Approval

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas
23 December 2013

Europa Oil & Gas (Holdings) plc ('Europa' or 'the Company') HMRC Confirms Open Offer Shares Qualify for EIS and VCT Schemes

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce that further to its announcement on 20 December 2013 an updated advance approval was received today from HMRC confirming that the Open Offer shares are expected to satisfy the requirements for tax relief under EIS and VCT schemes.

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For further information please visit www.europaoil.com or contact:

Hugh Mackay	Europa Oil & Gas (Holdings) plc	[phone]
Phil Greenhalgh	Europa Oil & Gas (Holdings) plc	[phone]
Matt Goode	finnCap Ltd	[phone]
Henrik Persson	finnCap Ltd	[phone]
Frank Buhagiar	St Brides Media and Finance Ltd	[phone]
Lottie Brocklehurst	St Brides Media and Finance Ltd	[phone]

Notes

Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets that includes production, exploration and development interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. The Company produced 182 boepd in the UK during the 2012/2013 financial year, generating sufficient revenues to cover corporate overheads. Its highly prospective exploration projects include the Wressle prospect in the UK where a well is due to be drilled later in the near term;
100% owned gas exploration prospect (416 bcf) and appraisal project (CPR 277 bcf) in onshore France; and a joint venture with leading independent Kosmos to explore two licences in offshore Ireland in which Europa has identified two prospects with estimated gross mean un-risked indicative resources of 482 million barrels oil and 1.6 billion barrels oil respectively.