Last checked at 24 Jul 2023 07:00
Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas
24 July 2023
Prospex Energy PLC
('Prospex' or the 'Company')
New Corporate Website
Prospex Energy PLC (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, is pleased to announce that it has launched a new corporate website which can be viewed at www.prospex.energy .
In addition, the Company announces that an updated corporate presentation is also available on the new website.
The refreshed website follows the company's latest developments including the recently announced commencement of first gas from the Podere Maiar-1 gas facility at the Selva field in the Po Valley region.
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For further information visit www.prospex.energy or contact the following:
Mark Routh | Prospex Energy PLC | Tel: +44 (0) 20 7236 1177 |
Ritchie BalmerRory Murphy | Strand Hanson Limited | Tel: +44 (0) 20 7409 3494 |
Jerry Keen | Fox-Davies Capital Limited | Tel: +44 (0) 20 3884 7447 |
Andrew Monk (Corporate Broking)Andrew Raca/Alex Cabral (Corporate Finance) | VSA Capital Limited | Tel: +44 (0) 20 3005 5000 |
Ana Ribeiro / Susie Geliher | St Brides Partners Limited | Tel: +44 (0) 20 7236 1177 |
Notes
Prospex Energy PLC is an AIM quoted investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low-cost re-evaluation techniques to identify and de-risk prospects. The Company will rapidly scale up gas production in the short term to generate internal revenues that can then be deployed to develop the asset base and increase production further.