#PXEN's partner Po Valley Energy Ltd has received regional approval (INTESA) to commence the 3D seismic campaign for the Selva Malvezzi Production Concession Area. 🔑 Highlights: ✔️ 4 new wells planned as part of the development programme ✔️ Backed by the strong performance of Podere Maiar-1, which generated €1.02M net to Prospex in Q3 2024 ✔️ Environmentally conscious approach: Campaign to last just 3 weeks with negligible environmental impact ✔️ Fully funded through accumulated production income – no additional fundraising required Final authorisation from the Ministry of Environment and Energy Security is expected soon. https://lnkd.in/eYw9rHhQ #SustainableEnergy #GasProduction #EnergyInnovation
Prospex Energy plc
Petrolio e gas
Prospex Energy plc is a European gas production and electricity generation company with assets in Spain and Italy.
Chi siamo
AIM-quoted Prospex Energy plc is building a sizeable gas production and electricity generation investment portfolio focused on high impact, late stage onshore European opportunities. With a growing portfolio of interests and an expert management team with a proven track record of generating significant value in the sector, Prospex is well positioned to become a European focused energy player centred around natural gas, the transition fuel for a carbon free future. Focused on the core investments of El Romeral Project and El Tesorillo Project, both in Spain, and Po Valley in Italy.
- Sito Web
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https://www.prospex.energy/home/
Link esterno per Prospex Energy plc
- Settore
- Petrolio e gas
- Dimensioni dell’azienda
- 2-10 dipendenti
- Sede principale
- London
- Tipo
- Società quotata
- Data di fondazione
- 1999
Località
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Principale
Ottieni indicazioni
London, GB
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Ottieni indicazioni
Carmona, ES
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Ottieni indicazioni
Bologna, IT
Dipendenti presso Prospex Energy plc
Aggiornamenti
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Following the doubling of net production and revenue gains at #PXEN’s Viura gas field, VSA Capital reiterates a Buy recommendation and target price of 20p/sh. - - Research Tree
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Flow testing of the recently drilled and completed Viura-1B development well in northern Spain has exceeded pre-drill expectations, doubling #PXEN's net production and revenues 📈 https://lnkd.in/eExGJURC #naturalgas #enegytransition #sustainableenergy #energymarket #oilandgas
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European gas prices are up 20% this month, driven by colder weather and supply risks. With Viura-1B revenues expected in December, PXEN is well-positioned to support Europe’s demand for reliable, local gas. https://lnkd.in/efpnep_f #EnergyUpdate #PXEN #NaturalGas #GasProduction
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📍Total Depth: 4,500m (≈4,100m TVD) ⚒️Flow Testing: Scheduled early December 2024 💹Revenues: Production income expected in December European TTF gas prices increasing ✅Ownership: Prospex owns 7.2365% of Viura Receives 14.473% income until payback https://lnkd.in/e-ESPh2M #EnergyUpdate #GasExploration #NaturalGas #PXEN
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Prospex Energy plc ha diffuso questo post
Prospex Energy reports strong Q3 production and revenue growth at Selva gas field, Italy Prospex Energy plc #shares #investing Click here to read: https://lnkd.in/eVa7_5_m
Prospex Energy reports strong Q3 production and revenue growth at Selva gas field, Italy - Vox Markets
voxmarkets.co.uk
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Following the record Q3 production and revenue gains at #PXEN’s Italian operations, VSA Capital reiterates a Buy recommendation and target price of 20p/sh. - - Research Tree
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#PXEN is pleased to provide an update from the Selva Malvezzi production concession in Italy following the publication by @energy_po of its Q3 2024 activity report. https://lnkd.in/eCuaKxWt #energy #gas #Italy #sustainableenergy
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CEO, Mark Routh, spoke with Vox Markets about the successful completion of drilling at the Viura-1B Development Well, highlighting new gas reserves, a boost in revenue and plans for two additional wells in 2025. https://lnkd.in/eP-96XgK
Prospex Energy Announces New Gas Discovery at Viura-1B - Vox Markets
voxmarkets.co.uk