Prospex Energy plc said it had achieved stable production rates and “substantial” cash flows from the Podere Maiar-1 gas facility on the Selva Malvezzi production concession in north Italy. PRODUCTION Operator Po Valley Energy Ltd (63%) began production at PM-1 on 4 July and reached c.72,000 standard cubic metres per day (scm/d) during the initial testing […]
Tag: Podere Maiar-1 well
Prospex marks first gas from Podere Maiar-1
Prospex Energy plc reported first gas on 4 July from the Podere Maiar-1 gas facility at the Selva field within the Podere Gallina licence in the Po Valley region of northern Italy. POTENTIAL First gas follows completion of operational and safety inspections and approvals last week at the joint venture project. Podere Maiar-1 will provide […]