EG-08 PSC Phase 1 Extension Finalised
Europa Oil & Gas (Holdings) plc has finalised the extension of the EG-08 PSC Phase 1, with the first sub-period now set to expire on 4 October 2026. This follows the announcement on 6 October 2025, and the company also confirmed that Antler Global Limited's Farm-out Agreement with Fuhai (Beijing) Energy Limited for a 40% interest in EG-08, announced on 30 December 2025, remains subject to regulatory approvals.
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Europa Oil & Gas (Holdings) plc, the AIM quoted West Africa, UK and Ireland focused oil and gas exploration, development and production company is pleased to announce that, further to the announcement of 6 October 2025, the formalities to finalise the licence extension are now complete by all parties. As a result of the extension, the first sub-period of Phase 1 of the PSC will expire on 4 October 2026.
As announced on 30 December 2025, Antler Global Limited signed a Farm-out Agreement with Fuhai (Beijing) Energy Limited for a 40% interest in EG-08. This agreement remains subject to relevant regulatory approvals.
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