PROSPEX ENERGY PLC

Regulatory Filings • Jul 24, 2023

National Storage Mechanism | Additional information

RNS Number : 8498G

Prospex Energy PLC

24 July 2023

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

24 July 2023

Prospex Energy PLC

('Prospex' or the 'Company')

New Corporate Website

Prospex Energy PLC (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, is pleased to announce that it has launched a new corporate website which can be viewed at www.prospex.energy .

In addition, the Company announces that an updated corporate presentation is also available on the new website.

The refreshed website follows the company's latest developments including the recently announced commencement of first gas from the Podere Maiar-1 gas facility at the Selva field in the Po Valley region.

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

Mark Routh	Prospex Energy PLC	Tel: +44 (0) 20 7236 1177
Ritchie Balmer Rory Murphy	Strand Hanson Limited	Tel: +44 (0) 20 7409 3494
Jerry Keen	Fox-Davies Capital Limited	Tel: +44 (0) 20 3884 7447
Andrew Monk (Corporate Broking) Andrew Raca/Alex Cabral (Corporate Finance)	VSA Capital Limited	Tel: +44 (0) 20 3005 5000
Ana Ribeiro / Susie Geliher	St Brides Partners Limited	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 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.

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