- Europa Oil & Gas has announced that seismic company TGS has commenced the acquisition of the Crean 3D multi-client project on the Irish Atlantic Margin with the Shearwater GeoServices 3D vessel Polar Marquis.

Europa said it was anticipated 3D seismic would be acquired over its 30% owned licensing option 16/19 during the summer.

A technical update on the 976sq km LO 16/19 was previously released by the company on 18 July 2016 in which Europa identified the potential for several Cretaceous submarine fans with gross mean un-risked prospective resources in the range of 300 million to 1 billion barrels of oil equivalent -

At 8:20am: [LON:EOG] Europa Oil Gas Holdings PLC share price was +0.38p at 7.13p

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