Extractive Industries

Prospex clears delayed fire safety checks at Selva

Prospex Energy plc has cleared final safety checks to start gas production from Podere Maiar-1 at the Selva gas field in the Po Valley region, northern Italy.

MOBILISATION

The company had faced delays due to regional severe flooding but has now received formal documentation for operations to begin in eight days following completion of all administrative work.

Operator of the Selva Malvezzi production concession, Po Valley Operations Pty Ltd anticipates that the gas production at Podere Maiar-1 will start in early July 2023.

Prospex said that a slickline unit had mobilised to the well site and begun necessary activities to allow gas production to start.

Po Valley holds a 63% working interest in the project and Prospex has the remaining 37% working interest.

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