Company Profile For Europa Oil & Gas (Holdings) Plc

Europa Oil & Gas (Holdings) plc is engaged in the investment in oil and gas exploration, development and production. The Company’s assets and activities are located in the United Kingdom, Romania, France, Egypt, Western Sahara and Ukraine. The Company produces oil from three United Kingdom onshore oilfields, with ongoing appraisal work in Romania. The Company has a portfolio of 13 oil and gas exploration and production assets. The Company’s subsidiaries include Europa Oil & Gas Limited and Europa Oil & Gas SRL.

BRIEF: For the fiscal year ended 31 July 2009, Europa Oil & Gas (Holdings) Plc's revenues decreased 34% to £2.9M. Net income from continuing operations decreased 85% to £67K. Revenues reflect a decrease in demand for Company's products & services. Net income also reflects an increase in other cost of sales, a significant rise in exploration write off, increased administration expenses and higher operating costs.