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Thursday 23 February 2012
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Exploration - NE Lincolnshire (33%/50%), Lincoln area (75%), Dorking area (40%)

East Midlands Exploration

Europa operates a number of exploration licences in the UK, some with 'ready-to-drill' prospects.

In NE Lincolnshire, PEDL180 (33%) and PEDL181 (50%) licences contain two prospective areas: the Wressle Prospect and the Caister Horst.  The seismic database over these two areas, comprising a mixed 2D/3D vintage dataset, has been reprocessed and work is ongoing to develop drilling locations.  Prospect size is in the region of 5 to 8 mmbo recoverable.

PEDL182 (33%) contians the Broughton oil discovery.

In the PEDL150 licence, where Europa drilled the Hykeham well in 2009, there is prospectivity in several structures, including the West Whisby feature.

In the Weald Basin, Europa and its partners continue to work to securing planning permission to drill the Holmwood-1 exploration well, south of Dorking.