REG - Europa Oil & Gas - Result of AGM

Europa Oil & Gas (Holdings)Announcement

07/12/2022 14:30

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RNS Number : 9536I  Europa Oil & Gas (Holdings) PLC  07 December 2022

 

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

 

7 December 2022

 

Europa Oil & Gas (Holdings) plc

("Europa" or the "Company")

 

Result of Annual General Meeting

 

Europa Oil & Gas (Holdings) plc, the AIM quoted UK and Ireland focused oil
and gas exploration and production company, announces that, at the Annual
General Meeting held earlier today, each of the ordinary resolutions (the
"Ordinary Resolutions") set forth in the Notice convening the meeting (the
"Notice") were passed, and the special resolutions (the "Special Resolutions")
set forth in the Notice did not achieve the required 75% vote to pass.

 

The Ordinary Resolutions were passed on a show of hands but the Chairman
called for a poll to determine the votes for the Special Resolutions.

 

The votes For and Against for each resolution are detailed in the table below:

 

 Resolution No.  For (% of votes cast)  Against (% of votes cast)
 1               87.55                  12.45
 2               87.34                  12.66
 3               78.61                  21.39
 4               72.28                  27.72
 5               73.68                  26.32
 6               67.07                  32.93
 7               79.95                  20.05
 8               65.59                  34.41
 9               68.66                  31.34
 10              68.59                  31.41

 

* * ENDS * *

For further information, please visit www.europaoil.com
(http://www.europaoil.com/)  or contact:

 Simon Oddie / William Holland / Murray Johnson  Europa Oil & Gas (Holdings) plc                            mail@europaoil.com
 James Dance / James Spinney                     Strand Hanson Limited - Nominated & Financial Adviser      +44 (0) 20 7409 3494
 Peter Krens                                     Tennyson Securities                                        +44 (0) 20 7186 9033
 Patrick d'Ancona / Finlay Thomson               Vigo Consulting                                            + 44 (0) 20 7390 0230

 

Notes to Editors

Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage
hydrocarbon assets which includes production, development and exploration
interests, in countries that are politically stable, have transparent
licensing processes, and offer attractive terms. Production for the year
ending 31 July 2022 was 245 bopd. In April 2022, Europa farmed into P.2358,
Block 13/23c ("Serenity") in the Outer Moray Firth area of the North Sea. The
licence contains the 2019 Serenity oil discovery, in which Europa now has a
25% interest. The Company holds one exploration licence offshore Ireland,
which has the potential to host gross mean un-risked prospective resources of
1.5 trillion cubic feet ("tcf") gas. Inishkea is a near field gas prospect in
the Slyne Basin which the Company classifies as lower risk due to its close
proximity to the producing Corrib gas field and associated gas processing
infrastructure. In December 2021, Europa announced a collaboration between
Baker Hughes and CausewayGT to conduct a geothermal clean heat project at the
Company's West Firsby field. If this project is successful, it will prove the
operational ability to extract and use geothermal heat from the site.

 

 

 

 

 

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