Prospex Energy Plc · LSE:PXEN
Prospex Energy — Investor Presentation (August 2025)
14 slides from Prospex Energy's investor presentation, August 2025
Slide 1: Revenue generative energy investor unlocking potential in European natural gas assets
Revenue generative energy investor unlocking potential in European natural gas assets IMC Presentation | August 2025 AIM: PXEN 1
Slide 2: Disclaimer
Disclaimer This Presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitm
Slide 3: Presenting Team
Presenting Team Mark Routh Bill Smith CEO Non-Exec Chairman AIM: PXEN 3
Slide 4: Overview
Overview Prospex is pleased to provide an Applications in Poland update on its three main assets: AIM-listed company • the Viura gas field in northern Spain Viura • the El Romeral power plant in Selva Malvezzi southern Spain Romeral 1,2 and 3 • the Selva Malvezzi production concession in northern It
Slide 5: Viura Gas Field
Viura Gas Field Northern Spain • Successfully repaired the leak in the production tubing of the Viura-1B well, identified in April 2025 • A coil-tubing unit is needed to clear an unexpected blockage of residual drilling mud, which is currently preventing the sliding sleeve from being actuated in ord
Slide 6: Viura Gas Field
Viura Gas Field Northern Spain • Prospex owns a 7.24% interest • Operated by HEYCO Energy Iberia • Total natural gas produced from the Viura-1B well from start- up in December 2024 to the end of Q1-2025 was 30.2 MMscm • 81.25% owned by Heyco Energy Group = 1.1 Bcf (which is ≈ 4.4 MMscm = 154 MMscf n
Slide 7: Selva Malvezzi
Selva Malvezzi Concession area of 81 km2 Selva Northern Italy • Prospex owns a 37% interest • Operated by Po Valley Energy Ltd (ASX: PVE), who owns the remaining 63% Well site & Processing Plant Near Bologna • Selling gas to BP Gas Marketing delivered to the national grid operated by SNAM 2019 CGG C
Slide 8: Selva Malvezzi
Selva Malvezzi Q2 2025 activity • Steady gas production from the Podere Maiar-1 well (“PM 1”), averaging 79,783 scm/d continuing to meet predicted levels of production • Gross quarterly production of 7.260 MMscm of gas (Q1 2025: 6.724 MMscm), with 2.686 MMscm net to Prospex (Q1 2025: 2.488 MMscm) •
Slide 9: Selva Malvezzi
Selva Malvezzi Development Programme Surface well locations and subsurface targets 4 wells being permitted, targeting 88 BCF (Gross) identified for four new wells to be drilled on the concession: • Selva North and Selva South • East Selva Selva North • Riccardina (9 Bcf) (gas) Selva (13 Bcf) • Envir
Slide 10: El Romeral
El Romeral Southern Spain 8.1 MW power plant - hybridised with solar panels • Prospex owns a 100% indirect working interest, through Tarba Energía S.L. • Production has been suspended since 1 July 2025 pending the • Operated by Tarba Energía S.L. (which is 100% arrival of a new transformer unit owne
Slide 11: Other Investments
Other Investments TESORILLO, SOUTHERN SPAIN POLAND EXPLORATION PROJECT LICENCE APPLICATIONS Exploration Permit currently suspended Prospex has pre-qualified to apply for licences (voluntary request) & awaits Ministry resolution onshore in Poland and reinstatement as a production licence Applications
Slide 12: Reserves and Resources
Reserves and Resources Net 2C Contingent Net Best Estimate Net 2P Reserves Resources Prospective Resources AIM: PXEN 12
Slide 13: The value of our portfolio remains strong
The value of our portfolio remains strong; we still hold strategic interests in producing natural gas assets and have significant volumes of Proven, Contingent and Prospective natural gas resources ready to be unlocked AIM: PXEN 13
Slide 14: www.prospex.energy Email: info@prospex.energy
www.prospex.energy Email: info@prospex.energy AIM: PXEN 14