Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil and Gas

Prospex Oil and Gas Plc ('Prospex' or the 'Company')

Notice of AGM

Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to give notice that its Annual General Meeting ('AGM') will be held at 9:30am on 30 June 2020 at 9:30 at 76 Hill Road, Watlington, Oxfordshire, OX49. The Notice of AGM will be posted to shareholders shortly and will be available to download from the Company's website later today.

Please note, as set out in the Notice of AGM in further detail, that due to COVID-19 and the UK's Government restrictions on travel, assembly and guidance on meetings, Shareholders, their proxies and corporate representatives are requested NOT to attend in person. Shareholders are encouraged to vote by proxy.

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For further information visit www.prospexoilandgas.com or contact the following:

Notes

Prospex Oil and Gas Plc is an AIM quoted investment company focused on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company's management acquires 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.