Prospex Energy plc said its partner could exit their Spanish onshore gas joint venture in a proposed merger with a third company. PROPOSAL Prospex and Warrego Energy Ltd are co-owners in Tarba Energía S.L which owns and operates the El Romeral gas-to-power plant. Tarba also owns related gas concessions near Carmona in Andalucía and the […]
Tag: Prospex Energy plc
Prospex Energy receives £24,000 via warrant exercise
Prospex Energy plc received £24,000 following notice to exercise warrants for 800,000 new ordinary shares of 0.1p each at an exercise price of 3 pence. The warrants were issued pursuant to a warrant agreement dated 23 February 2022, relating to a placing in March 2021. After admission, Prospex will have a total of 274,980,846 ordinary shares […]
Prospex receives £87,677 via options exercise
Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]
Prospex receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.50 following notice for the exercise of warrants to subscribe for 3,333,350 new ordinary shares of 0.1p each in the company. The warrants were issued following a warrant agreement dated 23 February 2022 which related to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. […]
Prospex Energy receives £70,640 via options exercise
Prospex Energy plc received £70,640.52 following notices to exercise options to subscribe for 1,766,013 new ordinary shares of 0.1p each in the company. The options were issued pursuant to option agreements dated 20 July 2020 and have been exercised by three former employees of the company, two of whom are past directors. The exercise price […]
Prospex JV secures land rights for production
Prospex Energy plc’s joint venture (JV) partner has secured the land rights in readiness for production at the Podere Maiar licence in the Selva gas field, Po Valley, North Italy. JOINT VENTURE The JV comprises Prospex (37%) and operator Po Valley Energy Ltd (63%). PROGRAMME Prospex said that Po Valley had approved all payments to […]