Europa Oil and Gas firm talks up Irish assets as prices slip below $50

British exploration company Europa Oil and Gas has started the search for a partner company to help develop one of its “riskier” assets in Irish waters.

Europa Oil and Gas firm talks up Irish assets as prices slip below $50

The company is sitting on an estimated four billion barrels of oil equivalent and 1.5 trillion cubic feet of gas across seven licences off the west coast.

A number of major and mid-cap explorers have already passed through Europa’s Irish ‘data room’, showing interest in its most developed licences in the Porcupine Basin.

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