Europa Oil & Gas (Holdings) (GB:EOG) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Europa Oil & Gas (Holdings) plc has received planning approval from North Lincolnshire Council for the expansion of the Wressle well site, which includes drilling two new wells and constructing gas processing facilities and a pipeline. This development is set to enhance oil production at Wressle and enable the utilization of associated gas, thereby eliminating routine flaring and contributing to the UK’s domestic production and environmental objectives.
For further insights into GB:EOG stock, check out TipRanks’ Stock Analysis page.