Prospex Energy PLC

Prospex Energy plc (PXEN) · 2026-09-14

Romeral-Successful installation of new transformer

Romeral's new transformer has been installed, cutting monthly operating costs by c.€14,000 after replacing rented equipment. Generation and power exports resumed on 11 September, while Tarba was cash self-sufficient in July and August.

Prospex Energy PLC (PXEN) · 2026-09-07

Operational Update

Prospex's Selva Malvezzi field produced 2.5 MMscm gross in August, generating €618k net revenue at €0.67/scm. Expansion remains at the public-observation stage for a four-well drilling programme.

Prospex Energy PLC (PXEN) · 2026-08-03

Q2 2026 Overview &Unaudited Group Financial Update

Prospex Energy closed Q2 2026 with £852,000 cash, down from £907,000 in Q1 after Polish licence fees and Selva 2025 royalty and tax payments. Selva Malvezzi generated £1,203,000 of gas sales revenue during the quarter.

Prospex Energy PLC (PXEN) · 2026-06-29

Italy Production Concession Update - EIA lodged

Prospex has filed an EIA for its Selva Malvezzi concession in Italy, covering four new wells. Seismic processing is due to finish in July, with interpretation to follow immediately, while drilling depends on ministry approval and is aimed at 2027.

Prospex Energy PLC (PXEN) · 2026-06-01

Strategic Collaboration with IMMAGE

Prospex Energy PLC signed a scientific collaboration agreement with the IMMAGE project. IMMAGE will provide up to US$1.5m to fund coring and logging at the El Romeral project in Spain during a planned five-well drilling programme.