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

9 November 2016

Prospex Oil and Gas Plc ('Prospex' or the 'Company')
Well Pad Construction Underway at onshore Poland Well

Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that further to the announcement of 19 October 2016, Prospex has been advised by the directors of Hutton Poland Limited, that the drilling contractor, Exalo Drilling SA ('Exalo'), has commenced well pad construction at the Boleslaw-1 well in the 1,150 sq km Kolo Licence, onshore Poland.  This initial preparatory work is expected to take approximately two weeks to complete and drilling remains on track to commence in Q4 2016.

A selection of photographs from this work can be found on the Company's website: http://www.prospexoilandgas.com/gallery.html.  

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