Europa Oil & Gas (Holdings) Plc - New Planning Application for Wressle Discovery

London, May 2

3 May 2017

Europa Oil & Gas (Holdings) plc (‘Europa’ or ‘the Company’)

 New Planning Application for Wressle Discovery

Europa Oil & Gas (Holdings) plc, the AIM traded UK and Ireland focused oil and gas exploration, development and production company, notes the update issued today by Egdon Resources plc (“Egdon”) regarding the Wressle Oil Field at Lodge Farm, North Lincolnshire (“Wressle”). Europa has a 30%* working interest in Wressle alongside Egdon (operator, 25%), Celtique Energie Petroleum Ltd (30%, after the sale of 3.33% to Union Jack Oil which is subject to OGA approval), and Union Jack Oil (15%, following the above sale), (together the “Joint Venture Partners”).

On 28 April 2017, Egdon submitted a new Planning Application (the “Application”) for the development of Wressle. The Application includes additional detailed information to address the specific concerns raised by North Lincolnshire County Council in its 11 January 2017 decision to refuse planning consent for the development of Wressle. The Application will now be validated by the North Lincolnshire Council planning department prior to the commencement of the consultation process. This process typically takes one to two weeks.

As announced on 11 April 2017, Egdon has already submitted an appeal against North Lincolnshire County Council’s decision to refuse planning consent (‘the Appeal’). The Application and the Appeal form part of a dual track approach which the Joint Venture partners believe provides the best opportunity for a successful planning outcome which will allow Wressle to be brought into production with the minimum delay.