RNS Number : 4345F
Prospex Energy PLC
16 July 2021
 

Prospex Energy PLC / Index: AIM / Epic: PXEN / Sector: Oil and Gas

 

Prospex Energy PLC ('Prospex' or the 'Company')

Investor Presentation

 

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that Edward Dawson (CEO) and Carlos Venturini (Exploration Manager) will provide a live presentation relating to the Company's 2020 Annual Financial Results, as well as a wider investment portfolio overview, via the Investor Meet Company platform on 20 July 2021 at 1:00 pm BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Prospex Energy PLC, via:

https://www.investormeetcompany.com/prospex-energy-plc/register-investor

Investors who already follow Prospex Energy PLC on the Investor Meet Company platform will automatically be invited.

* * ENDS * *

 

For further information visit www.prospex.energy or contact the following:

 

Edward Dawson

Prospex Energy PLC

Tel: +44 (0) 20 3948 1619

Rory Murphy
Ritchie Balmer

Strand Hanson Limited

 

Tel: +44 (0) 20 7409 3494

Colin Rowbury
Jon Belliss

Novum Securities Limited

Tel: +44 (0) 20 7399 9427

Duncan Vasey

Peterhouse Corporate Finance

Tel: +44 (0) 20 7469 0932

Frank Buhagiar
Cosima Akerman

St Brides Partners Ltd

 

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 gas and power opportunities. The Company acquires undervalued projects and then applies low-cost re-evaluation techniques to identify and de-risk prospects.  Prospex currently holds a portfolio of three projects: the Podere Gallina Permit in Italy where first gas at the Selva field is targeted for early 2022; the El Romeral gas and power project in Spain, which includes three producing wells that supply gas to a 100% project-owned 8.1MW power plant; and the large scale Tesorillo gas project in southern Spain, which has the potential to hold gross un-risked Prospective Resources of 830 Bcf of gas (Best Estimate), with upside in excess of 2 Tcf. The Company's strategy is to 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.

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