Europa Oil & Gas discovers additional 716 BCF unrisked Prospective Resources in Equatorial Guinea's Douala Basin.
Europa Oil & Gas (Holdings) Plc discovers an additional 716 BCF unrisked Prospective Resources on EG-08 block in Equatorial Guinea's Douala Basin, increasing total prospective resources to 2.116 TCF. The company aims to find a farm-in partner for drilling an exploration well on the Barracuda prospect in the second half of 2025. A commercial discovery requires at least 90 BCF of gas.
July 22, 2024
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