In this exclusive StockBox interview, Mark Routh, CEO of Prospex Energy (AIM: PXEN), outlines the company’s strategic vision and near-term growth catalysts. Learn about Prospex’s drilling plans across Italy and Spain, the workover and expected production boost at the Viera field, and how the company is funding expansion with minimal shareholder dilution.
Key Highlights:
- Growth Strategy: Prospex plans to drill 11 new gas wells across assets in Italy and Spain over the next 18–24 months, subject to permitting.
- Funding & Operations: The Viura field workover is expected to resume production soon, helping fund future development with minimal shareholder dilution.
- Asset Expansion: Prospex now fully owns the El Romeral power station and aims to farm down after securing permits, optimising with a new 3D seismic survey.
