Member Info for ADT1

Thanks, will have a listen

"The commencement of first gas production in Romania is a milestone event, which transforms Prospex into a revenue generative investment company. With multiple similar prospects already identified on the licence, each of which can be explored and developed at relatively low cost, Suceava represents an excellent, low risk opportunity to scale up our revenues.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PXOG/13792274.html

Good moring vauch, the interim statement covers the 6mth period to 30 June. Its the full year Dec 2018 that will include post interim highlights.

Gas production in Romania https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PXOG/13792331.html

Multiple Value Triggers in 2018 First production in Romania Flow testing in Italy Work programme in Spain Drilling activity Acquisitions http://www.prospexoilandgas.com/cms/wp-content/uploads/2018/09/PXOG-Corporate-Presentation-September-03.09.18.pdf

‪Bainet-1 Due Online Q3 - Strong near term cash flow of c.€0.50m-€0.65m per annum to #PXOG over the first three years of full production.‬ ‪Romania – 50% interest the Suceava Concession which contains the Bainet gas field, in addition to a portfolio of other gas prospects. ‬

Haha, you are referring to some person on twitter going by the handle of Amateur Trader as a fountain for your research, you should be nowhere near the stock market.

Lets see what this week brings, the Romania pipeline should be coming along.

For 70p he won’t even get a bag of pork scratchings

Thanks, I think all the go aheads needed have been received and pipes now being laid to connect for production quarter 3.

Good sign and reassurance seeing James Smith addding recently, he is an industry man.

And thats on a Spanish drill, which would be huge for PXOG

Romania Production due and MT Survey in Spain. Sesimic in Italy due for start.

This is a biggie and could be worth up to half a billion to Prospex, not bad from a £4m cap base.

Strong near term cash flow from the Bainet-1 of c.€0.50m-€0.65m per annum to #PXOG over the first three years of full production

Italy – A 17% interest in the highly prospective Podere Gallina Exploration Permit which contains the Selva gas field. Spain – Up to a 49.9% interest in the Tesorillo Project which contains a large gas discovery estimated to contain 830 BCF with upside of over 2 TCF. Romania – A 50% interest the Suceava Concession which contains the Bainet gas field; expected on stream in 2018, in addition to a portfolio of gas prospects and leads.

Good interview, thanks for sharing

When Romania does come it will be a good catalyst. The Bainet well is expected to deliver strong near term net cash flow of around €0.50m to €0.65m per annum to the company over the first three years of full production.

‪“An exciting portfolio of assets focused on high impact onshore opportunities in Europe.... initial indicative value for Prospex of 2.2p per share” From the current £4m market cap thats a potential 600% upside.