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Prospex Oil and Gas ( (GB:PXEN) ) has shared an update.
Prospex Energy PLC has announced significant progress in the Selva Malvezzi production concession in Italy, where a 3D seismic survey is underway to enhance geological understanding and optimize future drilling targets. The PM-1 well continues to perform robustly, producing 61 million scm of natural gas since July 2023, and recent operational improvements, including noise reduction measures and vegetation screening, have strengthened community relations.
More about Prospex Oil and Gas
Prospex Energy PLC is an investment company listed on the AIM market, focusing on European gas and power projects. The company holds a 37% working interest in the Selva Malvezzi production concession in Italy, with Po Valley Energy Limited operating the site.
Average Trading Volume: 871,848
Technical Sentiment Signal: Sell
Current Market Cap: £15.86M
Find detailed analytics on PXEN stock on TipRanks’ Stock Analysis page.