Prospex Energy plc said it had received committed subscriptions totalling £1,346,050 for the offering of its unsecured convertible loan notes, each of £1 and convertible at three pence. DIRECTORS’ DEALINGS The overall proceeds will mainly fund the company’s 37% share of 3D seismic acquisition, completed in December 2025, at the Selva Malvezzi concession, in the […]
Tag: Selva Malvezzi production concession area
Prospex CLN subscriptions reach £1m
Prospex Energy plc has to date received £985,000 committed subscriptions, of a targeted £1.6 million, for its offering of its unsecured convertible loan notes. DIRECTOR DEALINGS The figure includes the £565,000 from 22 December 2025. The company said it had extended the offering until 16 January 2026. The unsecured CLN, each of £1 and due […]
Prospex raises £565,000
Prospex Energy plc has issued £565,000 in unsecured convertible loan notes to existing and new investors, including the company’s directors, as part of a proposed fundraise of up to £1.6 million. DIRECTORS’ DEALINGS Directors who participated in the 19 December fundraise include non-executive chairman Bill Smith for £25,000, independent non-executive director Alasdair Buchanan, £25,000; chief […]
Prospex posts rise in gas production-revenues
Prospex Energy plc reported a 187% increase in net production to 70,000 standard cubic metres per day, and in net revenues helped by price rises, from its natural gas investments onshore Spain and Italy. VIURA The Viura field located in La Rioja, northern Spain averaged 217,000 scm/d for February to March 2025, net to Prospex […]