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Prospex Energy announces conditional placing and subscription to raise GBP 2.395 million

Prospex Energy has raised ยฃ2.395 million before expenses, through a conditional placing and subscription. Proceeds will be used to acquire 20% of the Selva Field in Italy, more than doubling the companys current holding, and fund the development costs of the Selva project to first gas expected in Q1 2023.
Mark Routh Prospex Energy Directors Of The Company Peterhouse Capital Ltd Ordinary Shares Selva Field

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Prospex Energy's JV firm contracts further contracts at El Romeral

Prospex Energy announced on Friday that its joint venture company Tarba Energรญa S.L. (โ€œTarbaโ€) has contracted well intervention work as well as a programme for system optimisation and automation at its gas to power project at El Romeral in Southern Spain.
Del Romeral Spain General Mark Routh Tarba Energ Dajan Well Services Reda Oilfield United Kingdom Ltd

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