Prospex Oil & Gas agrees deal to buy into El Romeral project
17th Dec 2019 13:59
(Sharecast News) - Energy investment company Prospex Oil and Gas announced the conditional acquisition of up to a 49.9% indirect stake in integrated gas production and power station El Romeral, located in the Guadalquivir basin in southern Spain, on Tuesday.
Read moreProspex upbeat on enlargement of Suceava Concession
12th Mar 2019 17:06
(Sharecast News) - Prospex Oil and Gas said on Tuesday that it has been advised by the operator, Raffles Energy, that the National Agency for Mineral Resources (NAMR) has granted an enlargement of the exploration area of the EIV-1 Suceava Concession in north east Romania.
Read moreFirst gas confirmed at Bainet by Prospex
17th Sep 2018 13:59
(Sharecast News) - Investment company Prospex Oil and Gas has been advised by operator Raffles Energy that first gas production has commenced from the Bainet gas field at the EIV-1 Suceava Concession in North East Romania, it announced on Monday.
Read moreProspex narrows losses as it makes good development progress
17th Sep 2018 13:52
(Sharecast News) - Investment company Prospex Oil and Gas issued its interim results for the six months ended 30 June on Monday, reporting "rapid progress" being made across its three key investment assets.
Read moreProspex's Boleslaw-1 well comes up empty
10th Jan 2017 16:34
(ShareCast News) - Shares in Prospex Oil and Gas plummeted as it failed to retrieve any hydrocarbons from its Boleslaw-1 well on the Kolo License, onshore Poland. The operator has since advised the company to plug and abandon the well. The group are conducting a detailed post-drill technical review
Read moreProspex Oil and Gas welcomes Grand Gulf Energy to Kolo License
13th Dec 2016 09:28
(ShareCast News) - Prospex Oil and Gas, an AIM quoted investment company, has announced that Hutton Energy its co-investor in Hutton Poland, which owns the Kolo License, has sold 40% of its interest to Grand Gulf Energy. After the transaction Prospex owns 49%, Hutton Energy 30.6% and Grand Gulf Ener
Read moreProspex Oil and Gas drilling plan approved
2nd Dec 2016 12:07
(ShareCast News) - Prospex Oil and Gas, an AIM listed investment company, has announced that it has received approval for its well drilling plan by the Polish Mining Authority. The company has invested in a 1,150 square km Kolo license, onshore Poland. The approval represented the final regulator
Read moreProspex says Boleslaw-1 drilling approval a major milestone
19th Oct 2016 10:29
(ShareCast News) - Prospex Oil & Gas said it has achieved a major milestone as Poland's Ministry of Environment approved the company's plans to drill the onshore Boleslaw-1 well. The well, in the 1,150 sq km Kolo Licence, is targeting gas in an active petroleum system and remains on track to be dril
Read moreProspex raises cash, makes progress at Kolo
10th Aug 2016 14:43
(ShareCast News) - Prospex Oil and Gas updated the markets on its investment in the 1,150 sq km Kolo Licence, onshore Poland on Wednesday, where a well remains on track to be drilled on the Boleslaw conventional gas prospect in the fourth quarter of this year. The AIM-traded company said Kolo is 100
Read moreProspex announces its first investment
8th Jan 2016 15:34
(ShareCast News) - Prospex Oil and Gas was celebrating its conditional first investment on Friday, giving it an avenue into the Polish exploration market. The AIM-listed oil and gas firm said it had conditionally agreed to acquire a 49% stake in Hutton Poland from Hutton Energy, for £620,000 in cash
Read moreProspex Oil and Gas' interim loss narrows
16th Sep 2015 12:45
(ShareCast News) - Prospex Oil and Gas posted a narrower interim pre-tax loss and said it remained open to explore opportunities. In the six months to 30 June, the London-listed company reported a pre-tax loss of £105,291, significantly narrower than the £337,605 loss it posted in the corresponding
Read moreFTSE 250 movers: Foxtons hit by overcharging allegations, oil stocks higher
8th Jun 2015 13:50
Mid caps were in the red on Monday afternoon, as gains made by oil and mining stocks were overshadowed by weakness in the pharmaceutical, engineering and retail sectors. As of 15:45, the FTSE 250 was trading 0.13% lower at 17,908. Foxtons led the fallers as The Guardian reported that London law fir
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