09 April 2010

Director/PDMR Shareholding - Erika Syba

The Company received notification on 8 April 2010 that on 7 April 2010 Erika Syba, Operations Director of the Company, purchased 50,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 14.75 pence each. Following this purchase, Erika Syba (and her spouse) are interested in 17,655,071 Ordinary Shares representing 23.52 per cent. of the issued ordinary share capital of the Company.

For further information, please contact:

Philip Greenhalgh Europa Oil & Gas +44 1235 467362

Lindsay Mair / Toby Gibbs, Astaire Securities +44 20 7448 4400

Jerry Keen (Corporate Broking), Astaire Securities +44 20 7448 4492