Prospex Energy Final Earnings Results & Report

Prospex Energy EPS Results

• Actual EPS: -GBX 0.67
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Prospex Energy Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Prospex Energy (LON:PXEN) (AIM: PXEN) is an investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company is building a sizeable oil and gas investment portfolio and has working interests in three natural gas fields, two in Spain - the Viura gas field and El Romeral, and one in Italy - the Selva Malvezzi concession, which are operated by the Company's partners. Prospex has also initiated applications for open-acreage exploration permits in Poland. Prospex's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low-cost re-evaluation techniques to identify and de-risk prospects. The Company is committed to rapidly scaling up gas production in the short term to generate internal revenues that can then be deployed to develop the asset base and increase production further.