Whisby W4 well

The Company produces from three oilfields in the East Midlands – a 100% working interest in both the West Firsby and Crosby Warren fields and a 65% non-operated interest in the Whisby W4 well. Overall daily production is stable at approximately 100 barrels of oil, all of which is transported by tanker to the refinery at Immingham in NE Lincolnshire.

The Whisby well, which is just to the west of Lincoln, was drilled by Europa in early 2003 and produces ~40bopd gross via a beam pump (~26bopd net to Europa).

Monthly oil production for Crosby Warren, West Firsby and Whisby is provided to OGA (The Oil and Gas Authority) using the UK PPRS “Petroleum Production Reporting System”. Data can be viewed on the OGA website.