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<body><div>RNS Number : 1342R</div> <div><org value="LSE:PXOG" idsrc="xmltag.org" >Prospex Oil and Gas PLC</org></div> <div><chron>07 December 2016</chron></div> <div>&#160;</div>
<div class="y">
<org value="LSE:PXOG" idsrc="xmltag.org" >Prospex Oil and Gas Plc</org> / Index: AIM / Epic: PXOG / Sector: <org value="ACORN:3716567533" idsrc="xmltag.org" >Oil and Gas</org>
&#160;
<chron>07 December 2016</chron>
<org value="LSE:PXOG" idsrc="xmltag.org" >Prospex Oil and Gas Plc</org> ('Prospex' or the 'Company') 
Change of Nominated Adviser
&#160;
<org value="LSE:PXOG" idsrc="xmltag.org" >Prospex Oil and Gas Plc</org>, the AIM quoted investment company, is pleased to announce that it has appointed <org value="ACORN:2612149184" idsrc="xmltag.org" >Strand Hanson Limited</org> as its Nominated and Financial Adviser with immediate effect.
&#160;
* * ENDS * *
&#160;
For further information visit <a href="http://www.prospexoilandgas.com">www.prospexoilandgas.com</a> or contact the following:
&#160;
<table class="aw" cellspacing="0" cellpadding="0">
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<tr class="ac">
<td class="af" valign="top">
<person>Edward Dawson</person>
</td>
<td class="ae" valign="top">
<org value="LSE:PXOG" idsrc="xmltag.org" >Prospex Oil and Gas Plc</org>
</td>
<td class="ad" valign="top">
Tel: +44 (0) 203 586 1009
</td>
</tr>
<tr class="ac">
<td class="af" valign="top">
<person>Rory Murphy</person> 
<person>Ritchie Balmer</person> 
<person>Jack Botros</person>
</td>
<td class="ae" valign="top">
<org value="ACORN:2612149184" idsrc="xmltag.org" >Strand Hanson Limited</org>
<org value="ACORN:2612149184" idsrc="xmltag.org" >Strand Hanson Limited</org>
<org value="ACORN:2612149184" idsrc="xmltag.org" >Strand Hanson Limited</org>
</td>
<td class="ad" valign="top">
Tel: +44 (0) 207 409 3494 
 
 
</td>
</tr>
<tr class="ac">
<td class="af" valign="top">
<person>Jon Belliss</person>
</td>
<td class="ae" valign="top">
<org value="ACORN:3747843275" idsrc="xmltag.org" >Beaufort Securities Limited</org>
</td>
<td class="ad" valign="top">
Tel: +44 (0) 207 382 8300
</td>
</tr>
<tr class="ac">
<td class="af" valign="top">
<person>Lucy Williams</person>
<person>Charles Goodfellow</person>
<person>Eran Zucker</person>
</td>
<td class="ae" valign="top">
Peterhouse Corporate Finance 
Peterhouse Corporate Finance
Peterhouse Corporate Finance
</td>
<td class="ad" valign="top">
Tel: +44 (0) 207 469 0932
</td>
</tr>
<tr class="ac">
<td class="af" valign="top">
<person>Frank Buhagiar</person> 
<person>Charlotte Page</person>
</td>
<td class="ae" valign="top">
<org>St Brides Partners Ltd</org>
<org>St Brides Partners Ltd</org>
</td>
<td class="ad" valign="top">
Tel: +44 (0) 20 7236 1177&#160;&#160;&#160;&#160;&#160; 
</td>
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</tbody>
</table>
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&#160;
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<div style="text-align:center;"> This information is provided by RNS</div><div style="text-align:center;">The company news service from the <org>London Stock Exchange</org></div><div>&#160;</div> END<div>&#160;</div><div>&#160;</div>APPBRBDDGUGBGLL</body>
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Edward Dawson	Prospex Oil and Gas Plc	Tel: +44 (0) 203 586 1009
Rory Murphy Ritchie Balmer Jack Botros	Strand Hanson Limited Strand Hanson Limited Strand Hanson Limited	Tel: +44 (0) 207 409 3494
Jon Belliss	Beaufort Securities Limited	Tel: +44 (0) 207 382 8300
Lucy Williams Charles Goodfellow Eran Zucker	Peterhouse Corporate Finance Peterhouse Corporate Finance Peterhouse Corporate Finance	Tel: +44 (0) 207 469 0932
Frank Buhagiar Charlotte Page	St Brides Partners Ltd St Brides Partners Ltd	Tel: +44 (0) 20 7236 1177