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Share Name Share Symbol Market Type Share ISIN Share Description
Prospex Oil LSE:PXOG London Ordinary Share GB00BW4NPC58 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.0025p +1.06% 0.2375p 0.235p 0.24p 0.24p 0.24p 0.24p 1,915,136 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.2 -0.6 - 2.88

Prospex Oil Share Discussion Threads

Showing 3701 to 3722 of 3725 messages
Chat Pages: 149  148  147  146  145  144  143  142  141  140  139  138  Older
DateSubjectAuthorDiscuss
16/1/2019
09:07
RNS Number : 0658N Prospex Oil and Gas PLC 15 January 2019 Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil and Gas 15 January 2019 Prospex Oil and Gas Plc ('Prospex' or the 'Company') Preliminary approval of production concession application, onshore Italy Further to the announcement of 29 May 2018, Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that it has been advised by the operator, Po Valley Operations Limited ('PVO'), that the production concession application to develop the Selva Malvezzi Gas-Field ('Selva') in northern Italy (the 'Production Concession') has received preliminary approval from the Italian Government. Prospex holds a 17% interest in Selva, which sits within the 331km(2) Podere Gallina Exploration Permit (the 'Podere Gallina') in the Po Valley region of Italy. The Development The proposed development centers on the installation of a fully automated gas plant at the existing Selva/Podere Maiar-1d appraisal/redevelopment well site. Based on dynamic reservoir studies, phase one is targeting daily production at a rate of up to 150,000 cubic metres (5.3 mmscf/d) from two gas-bearing reservoirs, C1 and C2, in the Medium-Upper Pliocene sands of the Porto Garibaldi formation. In addition, a 1km long pipeline will be laid to connect the plant to the Italian National Grid. Podere Maiar was drilled in Q4 2017 into Selva (previously operated by ENI), which historically produced 83Bcf of gas between 1960 and 1984. During testing, peak flow rates of 148,136 scm/day (5.2mmscf/d) on a 3/8 inch choke and 129,658 scm/day (4.6 mmscf/d) on a 3/8 inch choke were recorded from the C1 and C2 reservoirs respectively. A further phase of the development is planned, which is contingent on the results of a planned 3D seismic acquisition programme (subject to JV approval) and involves PVO drilling additional wells to significantly expand the Production Concession's natural gas resource base. Drilling will target prospects including Selva East and Selva South Flank which fall within the Production Concession area. 3D seismic will be acquired across these areas in 2019. Final approval from the Italian Government is subject to customary regulatory processes being completed, including the approval of an Environmental Impact Assessment. Prospex non-executive Chairman, Bill Smith, said, "With the preliminary approval of this Production Concession, Podere Gallina remains on course to become Prospex's second revenue generative asset when it comes on stream in 2020, alongside our 50% interest in the producing Suceava licence in Romania. As with Suceava, Podere Gallina offers significant development upside and, importantly, the approved development plan covers multiple prospects that have already been identified on the licence. These prospects will be targeted through the acquisition of 3D seismic data to further de-risk the additional prospectivity and inform a future well programme. "The approval marks an excellent start to 2019 for Prospex. With activity planned across our portfolio, including work to advance the up to 2 Tcf Tesorillo Gas Project in southern Spain, together with our continued efforts to acquire interests in additional onshore European projects that match our strict investment criteria, 2019 promises to be an exciting year for Prospex. I look forward to providing further updates on our progress, as we focus on exposing our shareholders to a continuous pipeline of opportunities that offer significant re-rating potential." This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. * * ENDS * *
pro_s2009
15/1/2019
07:18
The Company is targeting final Selva production approvals by the first half of next year and to complete the well and field connection pipework with first gas targeted by late in CY20 https://www.asx.com.au/asxpdf/20190115/pdf/441w24zgskqbr2.pdf
nicosevos
15/1/2019
07:08
providing further updates on our progress, as we focus on exposing our shareholders to a continuous pipeline of opportunities that offer significant re-rating potential. well I do hope they can finally turn the tide on the share price
vauch
15/1/2019
07:07
TIDMPXOGRNS Number : 0658NProspex Oil and Gas PLC15 January 2019Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil and Gas15 January 2019Prospex Oil and Gas Plc ('Prospex' or the 'Company')Preliminary approval of production concession application, onshore ItalyFurther to the announcement of 29 May 2018, Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that it has been advised by the operator, Po Valley Operations Limited ('PVO'), that the production concession application to develop the Selva Malvezzi Gas-Field ('Selva') in northern Italy (the 'Production Concession') has received preliminary approval from the Italian Government. Prospex holds a 17% interest in Selva, which sits within the 331km(2) Podere Gallina Exploration Permit (the 'Podere Gallina') in the Po Valley region of Italy.The DevelopmentThe proposed development centers on the installation of a fully automated gas plant at the existing Selva/Podere Maiar-1d appraisal/redevelopment well site. Based on dynamic reservoir studies, phase one is targeting daily production at a rate of up to 150,000 cubic metres (5.3 mmscf/d) from two gas-bearing reservoirs, C1 and C2, in the Medium-Upper Pliocene sands of the Porto Garibaldi formation. In addition, a 1km long pipeline will be laid to connect the plant to the Italian National Grid.Podere Maiar was drilled in Q4 2017 into Selva (previously operated by ENI), which historically produced 83Bcf of gas between 1960 and 1984. During testing, peak flow rates of 148,136 scm/day (5.2mmscf/d) on a 3/8 inch choke and 129,658 scm/day (4.6 mmscf/d) on a 3/8 inch choke were recorded from the C1 and C2 reservoirs respectively.A further phase of the development is planned, which is contingent on the results of a planned 3D seismic acquisition programme (subject to JV approval) and involves PVO drilling additional wells to significantly expand the Production Concession's natural gas resource base. Drilling will target prospects including Selva East and Selva South Flank which fall within the Production Concession area. 3D seismic will be acquired across these areas in 2019.Final approval from the Italian Government is subject to customary regulatory processes being completed, including the approval of an Environmental Impact Assessment.Prospex non-executive Chairman, Bill Smith, said, "With the preliminary approval of this Production Concession, Podere Gallina remains on course to become Prospex's second revenue generative asset when it comes on stream in 2020, alongside our 50% interest in the producing Suceava licence in Romania. As with Suceava, Podere Gallina offers significant development upside and, importantly, the approved development plan covers multiple prospects that have already been identified on the licence. These prospects will be targeted through the acquisition of 3D seismic data to further de-risk the additional prospectivity and inform a future well programme."The approval marks an excellent start to 2019 for Prospex. With activity planned across our portfolio, including work to advance the up to 2 Tcf Tesorillo Gas Project in southern Spain, together with our continued efforts to acquire interests in additional onshore European projects that match our strict investment criteria, 2019 promises to be an exciting year for Prospex. I look forward to providing further updates on our progress, as we focus on exposing our shareholders to a continuous pipeline of opportunities that offer significant re-rating potential."This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.* * ENDS * *
rwells4474
14/1/2019
16:20
i see natural gas price up alot today 6%...added
johncasey
14/1/2019
16:12
Nearly all buys today, normal smoke and mirrors.
ccr1958
08/1/2019
08:56
Where is the detailed update on Spain and programme for 2019? Communication from BoD is wholly inadequate and is severely impacting on share price and companies ability to raise funding when required at reasonable levels. Do what you are bloody paid for and provide detailed full update to your loyal but long suffering shareholders!
blueblood
02/1/2019
17:40
Nice tick up .... be nice a few buyers were about to arrive.
ccr1958
27/12/2018
08:57
HTTPS://total-market-solutions.com/2018/12/27/will-prospex-prosper-in-2019/
pro_s2009
27/12/2018
08:48
https://total-market-solutions.com/2018/12/27/will-prospex-prosper-in-2019/Decent read from @tmsreach
burtond1
21/12/2018
10:06
Well we had news and it was good but hasn't really transformed the company has it? Not a problem as gives an opportunity to buy more but you do have to ask yourself why has this co lost 90% of its value inside 21 months.Astonishing.
billthebank
19/12/2018
07:49
https://total-market-solutions.com/2018/12/19/our-outlook-for-2019-part-1/
burtond1
18/12/2018
08:36
OMG you have a follower.
vauch
18/12/2018
08:35
Don't be a sore looser it is called forgetful ness we you have not read all postings. you have my sympathy old boy.
vauch
18/12/2018
07:47
you've been found out vauch..so get back under your rock laddie
johncasey
18/12/2018
07:22
JC, you sound like a broken record broken record broken record. or are you to young to know what a record is?
vauch
17/12/2018
22:27
vauch...you were wrong about the gas price being fixed...naughty boy!
johncasey
17/12/2018
16:25
HTTPS://www.voxmarkets.co.uk/blogpost/136247/
pro_s2009
17/12/2018
16:15
hTtps://www.voxmarkets.co.uk/search?query=Ed%20Dawson
bryall2
17/12/2018
15:33
close any gaps in the previous post
vauch
17/12/2018
15:33
https: //www.voxmarkets. co.uk/blogpost /136247/
vauch
17/12/2018
14:58
Can u stick link up Bonzo (btw Bonzo my daughters nickname) .
ccr1958
Chat Pages: 149  148  147  146  145  144  143  142  141  140  139  138  Older
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