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

    17 June 2016

              Europa Oil & Gas (Holdings) plc ('Europa' or 'the Company')          

                                  Director's Dealings                              

    Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration,
    development and production company focused on Europe, received notification
    that Hugh Mackay, Chief Executive Officer of the Company, today acquired
    250,327 ordinary shares of 1 pence each in the Company ('Ordinary Shares') at
    an average price of 3.99 pence each.  Following this purchase, Hugh is
    interested in 3,084,716 Ordinary Shares representing 1.26% per cent of the
    issued ordinary share capital of the Company.

                                     * * ENDS * *                                  

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

    Hugh Mackay       Europa                        + 44 (0) 20 7224    
                                                    3770                
                                                                        
    Phil Greenhalgh   Europa                        + 44 (0) 20 7224    
                                                    3770                
                                                                        
    Matt Goode        finnCap Ltd                   + 44 (0) 20 7220    
                                                    0500                
                                                                        
    Simon Hicks       finnCap Ltd                   + 44 (0) 20 7220    
                                                    0500                
                                                                        
    Frank Buhagiar    St Brides Partners Ltd        + 44 (0) 20 7236    
                                                    1177                
                                                                        
    Susie Geliher     St Brides Partners Ltd        + 44 (0) 20 7236    
                                                    1177                

    Notes

    Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage
    hydrocarbon assets that includes production, exploration and development
    interests, in countries that are politically stable, have transparent licensing
    processes, and offer attractive terms.  In 2015 Europa produced 141 boepd.  Its
    highly prospective exploration projects include the Wressle development
    (targeting production start-up later in 2016 at up to 500 bopd gross) in the
    UK; 100% owned gas exploration prospect (107 bcf) and appraisal project (CPR
    277 bcf) in onshore France, a joint venture with Vermilion Energy also in
    onshore France; and seven licences offshore Ireland with the potential to host
    gross mean un-risked resources of more than 4 billion barrels oil and 1.5 tcf
    gas across all seven licences.