Mark Routh of Prospex Energy: First gas from the Podere Maiar-1 is a pivotal milestone in company's development
Episode 1519, Jul 05, 2023, 06:30 AM
Mark Routh CEO of Prospex Energy #PXEN discusses achieving the start of gas production from the Podere Maiar-1 gas facility at the Selva field in the Po Valley region of northern Italy and describes it as a pivotal milestone in the company's development.
Highlights
· Podere Maiar-1 commenced gas production in Italy, delivering first gas on 4 July 2023
· First gas will provide the Company with its maiden revenue from the Selva Malvezzi Production Concession in Italy
· PM-1 will provide gas directly to the domestic Italian market under an 18-month supply agreement with BP Gas Marketing announced on 14 February 2023
· Further upside potential at the Selva Malvezzi Production Concession (Figure 1), as Po Valley Energy, the Operator, intends to advance other projects within the Concession.
To read the full RNS click here
Highlights
· Podere Maiar-1 commenced gas production in Italy, delivering first gas on 4 July 2023
· First gas will provide the Company with its maiden revenue from the Selva Malvezzi Production Concession in Italy
· PM-1 will provide gas directly to the domestic Italian market under an 18-month supply agreement with BP Gas Marketing announced on 14 February 2023
· Further upside potential at the Selva Malvezzi Production Concession (Figure 1), as Po Valley Energy, the Operator, intends to advance other projects within the Concession.
To read the full RNS click here