Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas

23^rd May 2022

Europa Oil & Gas (Holdings) plc

("Europa" or "the Company")

Retail Investor Reception

Europa Oil & Gas (Holdings) plc, the AIM traded UK, Ireland and Morocco focused oil and gas exploration, development, and production company, is hosting a retail investor 'Meet the Team' reception at the Ye Olde Cock Tavern, Holborn, London, EC4Y 1AA, on Thursday, 16 June 2022 between 3.00-5.00 p.m. BST, during which management will give a presentation on the upcoming Serenity field appraisal well due to be drilled in the late summer, and the Wressle project, followed by an opportunity for an informal Q&A discussion.

Simon Oddie, CEO, Will Holland, CFO, and Alastair Stuart, Petroleum Engineering and Commercial Manager, will be in attendance.

To register for the event, please click the following link:

https://www.eventbrite.co.uk/e/europa-oil-gas-retail-investor-meet-the-team-reception-registration-344217813747

Please email [email protected] if you have any queries regarding the event.

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For further information please visit www.europaoil.com or contact:

Notes to Editors

Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage hydrocarbon assets which includes production, development and exploration interests, in countries that are politically stable, have transparent licensing processes, and offer attractive terms. Production in the half-year to 31st January 2022 from Europa's onshore UK assets was 208 boepd, primarily from the Wressle oil field. In March 2022, Europa farmed into P.2358, Block 13/23c ("Serenity") in the Outer Moray Firth area of the North Sea. The licence contains the 2019 Serenity oil discovery, in which Europa now has a 25% interest. The Company holds one exploration licence offshore Ireland, which has the potential to host gross mean un-risked prospective resources of 1.5 trillion cubic feet ('tcf') gas. Inishkea is a near field gas prospect in the Slyne Basin which the Company classifies as lower risk due to its close proximity to the producing Corrib gas field and associated gas processing infrastructure. In September 2019, Europa was awarded a 75% interest in the Inezgane permit offshore Morocco. Initial results of technical work have identified 30 prospects and leads that have the potential to hold in excess of one billion barrels of unrisked oil resources. In December 2021, Europa announced a collaboration between Baker Hughes and CausewayGT to conduct a geothermal clean heat project at the Company's West Firsby field. If this project is successful it will prove the operational ability to extract and use geothermal heat from the site.