Prospex Energy plc has received €280,090 net owed performance bonds from the Italian state for completing the gas pipeline tie-in from the Selva gas field joint venture in Po Valley, Italy. AGREEMENT Project operator Po Valley Operations Pty Ltd (PVO) holds 63% and Prospex has a 37% working interest. PVO recovered gross performance bonds of […]
Tag: Po Valley Operations Pty Ltd
Prospex Energy connects Selva gas plant
Prospex Energy plc has completed construction of the gas plant and connection to the gas grid at the joint venture (JV) Podere Maiar-1 wellsite of the Selva field in the Po Valley, Italy. ACHIEVEMENT Following final operational and safety inspections, delivery of gas to the market expected to begin by the end of May. Po […]
Prospex welcomes gas sales agreement for Selva
Prospex Energy plc said that a gas sales agreement (GSA) had been signed for the Selva Malvezzi joint venture (JV) production concession in the Po Valley of Italy. FIRST GAS The deal is between the operator Po Valley Operations Pty Ltd (63%), a wholly owned subsidiary of Po Valley Energy Ltd, and BP Gas Marketing […]