tiprankstipranks
Trending News
More News >

Prospex Energy Extends WRAP Retail Offer to Bolster Growth

Story Highlights
Prospex Energy Extends WRAP Retail Offer to Bolster Growth

Don’t Miss TipRanks’ Half-Year Sale

Prospex Oil and Gas ( (GB:PXEN) ) has provided an announcement.

Prospex Energy PLC has announced that its ‘WRAP’ Retail Offer remains open for subscription at 4.5 pence per share until the end of the day. The proceeds from this offer will be utilized to fund the Viura-1B well in northern Spain, resume production at the Viura field, and prepare for the 2026 drilling campaign. This initiative is part of Prospex’s broader strategy to bolster its development efforts and sustain its growth trajectory, with the support of its shareholders.

More about Prospex Oil and Gas

Prospex Energy PLC is an investment company focused on European gas and power projects. It primarily engages in the development and management of natural gas investments, with a strategic focus on enhancing its operational capabilities and expanding its market presence in the energy sector.

Average Trading Volume: 1,024,061

Technical Sentiment Signal: Sell

Current Market Cap: £18.52M

See more data about PXEN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1