Investor Call

RNS Announcement

RNS Number : 5578R

Prospex Energy PLC

09 March 2021

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

Prospex Energy PLC ('Prospex' or the 'Company')

Investor Call

Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that its CEO, Edward Dawson, and Exploration Manager, Carlos Venturini, will provide a live investor presentation via the Investor Meet Company platform on Friday 12 March 2021 at 9.30am GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Prospex Energy PLC via this link https://www.investormeetcompany.com/prospex-energy-plc/register-investor

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

* * ENDS * *

For further information visit www.prospexoilandgas.com or contact the following:

Edward Dawson	Prospex Energy PLC	Tel: +44 (0) 20 3948 1619
Rory Murphy Ritchie Balmer Jack Botros	Strand Hanson Limited	Tel: +44 (0) 20 7409 3494
Colin Rowbury Jon Belliss	Novum Securities Limited	Tel: +44 (0) 20 7399 9427
Duncan Vasey	Peterhouse Corporate Finance	Tel: +44 (0) 20 7469 0932
Frank Buhagiar Cosima Akerman	St Brides Partners Ltd	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 gas and power opportunities. The Company acquires undervalued projects and then applies low cost re-evaluation techniques to identify and de-risk prospects. Prospex currently holds a portfolio of three projects: the Podere Gallina Permit in Italy where first gas at the Selva field is targeted for 2021; the El Romeral gas and power project in Spain which includes three producing wells that supply gas to a 100% project-owned 8.1MW power plant; and the large scale Tesorillo gas project in southern Spain which has the potential to hold gross un-risked Prospective Resources of 830 Bcf of gas (Best Estimate), with upside in excess of 2 Tcf. The Company's strategy is to 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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RNS metadata

Title: Investor Call
Time: 07:00:09
Date: 9 Mar 2021
Category: Corporate updates
ID: 5578R