RCS - Prospex Energy PLC - Notice of Investor Presentation

Prospex EnergyAnnouncement

04/10/2024 07:30

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RNS Number : 9069G  Prospex Energy PLC  04 October 2024

Prospex Energy Plc / Index: AIM / Epic: PXEN / Sector: Energy

 

Reach Announcement

4 October 2024

 

Prospex Energy plc

("Prospex Energy" or the "Company")

 

Notice of Investor Presentation and New Corporate Presentation

 

Prospex Energy plc (AIM:PXEN), the investment company focused on European gas
and power projects, is pleased to announce that Mark Routh, CEO, will provide
a live presentation on the Company's operations via Investor Meet Company on
Tuesday 8 October 2024 at 10:00 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 7
October 2024, 09:00 BST, or 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
(https://www.investormeetcompany.com/prospex-energy-plc/register-investor)

 

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

 

Additionally, a copy of the Company's updated Corporate Presentation for Q4
2024 is available on its website: https://prospex.energy/
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fprospex.energy%2F&data=05%7C02%7Cseb%40stbridespartners.co.uk%7Cd3c6cb8be6184516df5408dce3accfac%7C48b7268319d344289c4b73cf144d89ed%7C1%7C0%7C638635578593441477%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=dbO8yJIhPPkLptBBhx9Ji8xBHKLlI17GS1kgOXksT9c%3D&reserved=0)

 

For further information, please contact:

 

 Mark Routh                                        Prospex Energy PLC            Tel: +44 (tel:+44)  (0) 20 7236 1177
 Ritchie Balmer                                    Strand Hanson Limited         Tel: +44 (0) 20 7409 3494

Rory Murphy

                                                 (Nominated Adviser)
 David Asquith
 Andrew Monk (Corporate Broking)                   VSA Capital Limited           Tel: +44 (0) 20 3005 5000

Andrew Raca / Tommy Jackson (Corporate Finance)
 Ana Ribeiro / Charlotte Page                      St Brides Partners Limited    Tel: +44 (0) 20 7236 1177

 

Further information on the Company can be found on its website
at www.prospex.energy. (https://prospex.energy/)

 

Notes

Prospex Energy 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 strategy is to acquire 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.  The Company will 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.

 

The Company currently has three non-operated, revenue generating, onshore
producing gas investments in Europe with low operational risk:

•     Selva Malvezzi, Italy (37% interest)

•     El Romeral gas to power plant, southern Spain (49.9% interest)

•     Viura Gas Field, northern Spain (7.24% interest)

 

Prospex also owns a 15% interest in the Tesorillo Exploration Permit in
Southern Spain, with the option to increase to 49.9%.

 

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