Production Operations Update

22 November 2010

Europa Oil & Gas (Holdings) plc

Production Operations Update

The Directors of Europa Oil & Gas (Holdings) plc are pleased to provide an
update on production operations in the East Midlands.  The workover on West
Firsby-6 is now complete and the well is back on jet pumped production.  It may
take a short time for reservoir drawdown, and thus production, to reach a
stable maximum. All 5 of Europa's production wells are onstream.

A key element of the company's continuing revenue growth strategy is the
drilling of a new production well on West Firsby which, as previously
announced, is planned to commence in December. 

Paul Barrett, Managing Director, said `It is very satisfying to have all our
production wells back onstream and we can now concentrate on delivering a new
production well on West Firsby in the next two months or so.  We expect to see
further significant production growth in early 2011.'

Further information:

Europa Oil & Gas

Paul Barrett / Phil Greenhalgh Tel: [phone]

finnCap

Sarah Wharry / Henrik Persson, Corporate Finance Tel: [phone]
Joanna Weaving, Corporate Broking Tel: [phone]