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Europa exits Romania licence
Posted 20.01.2012 08:31:21 av John Bradbury
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Onshore explorer Europa Oil and Gas reports that one of the wells on its West Firsby field in the UK East Midlands has resumed production after a downhole technical problem.

Europa said today that the West Firsby 7 well which has been shut in since mid-December after a suspected hole was detected in a section of production tubing, has now come back onstream after a workover operation.

Before the well shut in, Europa's daily production was averaging 200 b/d of oil and the company now says it will average 185 b/d for the six months ending in January, which is 22% up on the annual average for the previous year.

Also the company has decided to exit its 28.75% working interest in the Brodina concession area in Romania, where an initial four year exploration period ends in March. Exploration costs of £2.7 million on two wells, Voitinel and Hordonic, will be written off as a result. Instead the company has decided to to concentrate on  its Berenx gas appraisal well onshore France.
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