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Europa boosts stakes in UK licences after buying rival for £1

By Mark Lammey
Europa Oil & Gas chief executive Hugh Mackay
Europa Oil & Gas chief executive Hugh Mackay

Europa Oil and Gas said today it had snapped up a rival firm for £1 – a move that will increase its stakes in two UK exploration licences.

AIM-listed Europa bought Shale Petroleum UK from its Calgary-based parent company Shale Petroleum.

For full story visit our sister site, Energy Voice