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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Prospex Oil And Gas Plc | LSE:PXOG | London | Ordinary Share | GB00BMFZVZ53 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.525 | 1.30 | 1.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2022 to May 2024
By Anthony O. Goriainoff
Prospex Energy PLC said Tuesday that the operator of the Selva Malvezzi production concession--where it has a 37% interest--has signed a gas sales agreement, or GSA, with BP Gas Marketing Ltd, a subsidiary of BP International Ltd.
The London-listed energy investment company said that under the agreement BP Gas Marketing will purchase the forecast gas production from the soon-to-be-competed Podere Maiar-1 production facility in Italy.
The 18-month GSA will start on April 1 and has the potential to be extended, the company said. Prospex expects an estimated 37 million standard cubic meters of natural gas to be supplied under the contract, it said.
"First gas is still on track for early in the second quarter of 2023, on schedule and on budget," Chief Executive Mark Routh said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
February 14, 2023 04:17 ET (09:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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