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Prospex Energy PLC - investor in onshore and shallow offshore European gas and power projects - Receives notice for exercise of warrants to subscribe for 33.3 million new shares at 3 pence each, generating GBP100,000. Following admission, there will 270.8 million shares in issue.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read moreProspex Energy PLC - investor in onshore and shallow offshore European gas and power projects - Says Po Valley Energy Ltd has secured ownership of the land for its Podere Maiar well site in the Selva gas field in Italy. Prospex holds a 37% interest in the Podere Maiar licence, while Po Valley holds the remaining 63%. Prospex says all materials related to the 1km gas pipeline have arrived on site, including the 4-inch steel pipe that will be used for construction of the pipeline connecting Podere Maiar to the national gas grid. Expenditure relating to land titles and pipeline remain within budget. Podere Maiar, which is in north east Italy, is expected to deliver first gas in the second quarter of 2023.
Read moreProspex Energy PLC - exploration investments in Spain and Italy - Raises GBP500,000 via issuing unsecured convertible loan notes to existing and new investors.
Read moreProspex Energy PLC - exploration investments in Spain and Italy - Says joint venture partner Po Valley Energy Ltd has signed a construction pact with Italian engineering firm TESI at the Podere Maiar gas field in northern Italy. Says TESI will install a four-inch pipeline connecting Podere Maiar to Italy's gas grid. Prospex Energy says the contract "secures development costs and timing at the Podere Maiar field, with construction costs EUR130,000 less than previously forecast". Gas producer Po Valley holds 63% of working interest in the Podere Maiar licence, while Prospex holds the remaining 37%.
Read moreProspex Energy PLC - exploration investment company with core investments in Spain and Italy - Says it has completed the installation of a 41.5 kilowatt of 83 solar panels on the roof of the El Romeral power plant, called Project Apollo, last Thursday in Spain. Prospex says the installation cost less than EUR50,000. The company holds a 50% working interest in El Romeral through its interest in hybrid energy provider Tarba Energia SL.
Read moreProspex Energy PLC - exploration investment company with core investments in Spain and Italy - For the second quarter of 2022, revenue from the El Romeral power plant drops 12% to EUR925,134 from EUR1.0 million in the prior quarter.
Read moreProspex Energy PLC - exploration investment company with core investments in Spain and Italy - Receives approval for production concession at Podere Maiar gas field in the Po Valley onshore in northern Italy, lying within the Selva Malvezzi production concession. Anticipates first gas at Italy's Selva in first half of 2023. Prospex holds a 37% working interest in the Podere Maiar licence.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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(Sharecast News) - Prospex Energy announced on Friday that the first of two projects in solar generation diversification at the El Romeral power plant in southern Spain had started.
Read moreProspex Energy PLC - exploration investment company with core investments in Spain and Italy - Begins the first of two projects at El Romeral power plant in southern Spain to diversify its solar generation. The installation of solar panels on the roof of the plant is expected to complete by the end of July. This, it adds, will increase sales of electricity from the plant and give it a total installed peak capacity of 41.5 kilowatt hours. Prospex holds a 50% working interest in El Romeral through its interest in Tarba Energia SL. Cost of installation is EUR50,000 and has been financed from funds from Tarba.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more
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