Europa Oil & Gas says updated emissions study reinforces the case for Inishkea West project
–News Direct–
Europa Oil & Gas (Holdings) PLC (AIM:EOG) chief executive William Holland discusses an updated emissions study for its envisaged Irish offshore gas project in an interview with Proactive's Stephen Gunnion.
Holland said the third-party report reassesses the emissions from the Inishkea West prospect. The report was necessary due to changes in the prospect's estimated size and its geographical adjustments, which suggest improved gas recovery efficiency and reduced well numbers needed for development.
The study compares the emissions from Inishkea West gas, found to be significantly lower than both domestically produced and imported gas currently used in Ireland. Specifically, Inishkea West gas would produce 2.8 kilograms of CO2 equivalent per barrel, mu...