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<title>Prospex Energy Plc — News on 6ix</title>
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<title>Prospex Energy Plc</title>
<link>https://6ix.com/company/prospex-energy-plc</link>
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<title>Dunajec Licence Award, Poland</title>
<link>https://6ix.com/company/prospex-energy-plc/news/dunajec-licence-award-poland</link>
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<pubDate>Wed, 22 Apr 2026 06:00:00 GMT</pubDate>
<description>Prospex Energy plc has been formally awarded the Dunajec onshore licence area in Poland, its second such award in the country alongside the San licence, both located in areas with proven gas production and infrastructure. The Dunajec licence includes a shallow undeveloped oil discovery with an estimated 2 mmbbl of OOIP and a historical flow rate of 45 bbl/d, presenting near-term commercial potential for early development. Prospex intends to utilize modern techniques to evaluate and develop these</description>
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<title>San Licence Award, Poland</title>
<link>https://6ix.com/company/prospex-energy-plc/news/san-licence-award-poland</link>
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<pubDate>Wed, 01 Apr 2026 06:00:00 GMT</pubDate>
<description>Prospex Energy PLC has been awarded the San onshore licence area in Poland, marking its expansion into a third European country with its wholly owned subsidiary PXEN Tatra Sp z.o.o. holding a 100% working interest. This licence, along with the ongoing Dunajec licence process, is situated in southern Poland within a proven gas production region with existing infrastructure. Prospex plans to utilize modern techniques to explore and develop resources in these highly prospective areas, aiming to int</description>
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<title>Corporate Update & New Corporate Presentation</title>
<link>https://6ix.com/company/prospex-energy-plc/news/corporate-update-and-new-corporate-presentation</link>
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<pubDate>Thu, 26 Mar 2026 14:50:00 GMT</pubDate>
<description>Prospex Energy plc has released a corporate presentation detailing its growth strategy and operational progress, including average production rates at Viura in Spain of 101,000 Ncm/d gas and 148 cubic metres of produced water per day during January and February 2026, with steady-state operations expected by end April 2026. The presentation also highlights the San & Dunajec exploration licences in Poland, with the Dunajec licence potentially containing up to 2 million barrels of oil. An unaudited</description>
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<title>Formal Offer of onshore Polish licences</title>
<link>https://6ix.com/company/prospex-energy-plc/news/formal-offer-of-onshore-polish-licences</link>
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<pubDate>Tue, 24 Mar 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy plc has been formally offered two onshore Polish licences, San and Dunajec, which its subsidiary PXEN Tatra has accepted, with the regulator expected to award them in April/May 2026. These licences, located in southern Poland within a proven gas play, offer the opportunity for Prospex to identify additional energy resources and potentially accelerate first production from an undeveloped oil discovery in the Dunajec area. A fee of approximately €289,000 is payable upon award, to be</description>
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<title>Total CLN Funding Reaches £2m, 25% Above Target</title>
<link>https://6ix.com/company/prospex-energy-plc/news/total-cln-funding-reaches-pound2m-25percent-above-target</link>
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<pubDate>Wed, 18 Mar 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has successfully raised £653,950 in an extended offering of unsecured Convertible Loan Notes, bringing the total CLN funding to £2 million, exceeding its £1.6 million target by 25%. These notes, due in June 2028, are convertible at 3p per ordinary share after one year, carry a 12% annual interest rate with the first two payments capitalized, and will be repaid in three tranches by June 2028. The net proceeds will fund ongoing activities and capital expenditures, with anticipat</description>
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<title>Conversion of Loan Notes and TVR</title>
<link>https://6ix.com/company/prospex-energy-plc/news/conversion-of-loan-notes-and-tvr-1</link>
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<pubDate>Tue, 17 Mar 2026 10:30:00 GMT</pubDate>
<description>Prospex Energy PLC has announced the conversion of £152,515.07 in convertible loan notes into 5,083,836 new ordinary shares, issued at 3.00p per share. This conversion will increase the total number of ordinary shares in issue from 428,710,121 to 433,793,957, with admission to trading expected around March 20, 2026. This change impacts the denominator for shareholders calculating their notification requirements under FCA rules.
Disclaimer*</description>
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<title>Update: £1.6 million CLN Fundraise Oversubscribed</title>
<link>https://6ix.com/company/prospex-energy-plc/news/update-pound16-million-cln-fundraise-oversubscribed</link>
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<pubDate>Fri, 13 Mar 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has announced that its unsecured Convertible Loan Note offering has been oversubscribed, with investors still able to participate on a pro rata basis until 5 p.m. today, March 13, 2026. The company may consider increasing the total size of the offering depending on final subscription levels. This successful fundraising demonstrates strong investor support for Prospex Energy's focus on European gas and power projects.
Disclaimer*</description>
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<title>Letter to Shareholders and IMC Investor Event</title>
<link>https://6ix.com/company/prospex-energy-plc/news/letter-to-shareholders-and-imc-investor-event</link>
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<pubDate>Thu, 12 Mar 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy plc has announced an investor event on March 26, 2026, where the CEO will discuss the company's strategy focused on European gas and power projects, emphasizing real assets, value accretion, and resource sovereignty. The company has received £1.346 million in subscriptions for its Convertible Loan Note offering, which aims to reach a £1.6 million target to fund asset value protection and growth, with new subscriptions subject to a one-year conversion delay. Prospex currently holds</description>
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<title>Tarba - El Romeral Production Re-start</title>
<link>https://6ix.com/company/prospex-energy-plc/news/tarba-el-romeral-production-re-start</link>
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<pubDate>Mon, 16 Feb 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy plc has announced the restart of electricity generation and sales at its El Romeral gas to power plant in Spain, following the installation of a rental transformer. The company, which holds a 100% interest in the Tarba Energía S.L. subsidiary operating the plant, is awaiting the delivery of a new transformer. This production restart allows Tarba to resume generating revenue from electricity sales, and the company's CEO highlighted the ongoing permitting process for a planned well </description>
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<title>CEO takes up post</title>
<link>https://6ix.com/company/prospex-energy-plc/news/ceo-takes-up-post</link>
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<pubDate>Mon, 02 Feb 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC confirms the immediate appointment of Tom Reynolds as director and Chief Executive Officer, succeeding Mark Routh who has retired but will assist with the transition over the next three months. Reynolds, who was announced as CEO in early January, aims to build an asset-by-asset plan focused on growing value and will engage with stakeholders to develop this strategy. The company is an AIM-quoted investment firm concentrating on European gas and power projects.
D</description>
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<title>Italy: Selva Malvezzi Production Concession</title>
<link>https://6ix.com/company/prospex-energy-plc/news/italy-selva-malvezzi-production-concession</link>
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<pubDate>Wed, 28 Jan 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has reported on its Selva Malvezzi production concession in Italy, highlighting consistent production from the PM-1 gas well during Q4 2025, which generated €851,594 in net revenue for Prospex. The company also completed a 3D geophysical survey on time and under budget, which will aid in future field development planning and potential resource upgrades. Preparations are underway for the development of four new wells, with updated Environmental Impact Assessment and development</description>
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<title>Rental of Transformer at El Romeral</title>
<link>https://6ix.com/company/prospex-energy-plc/news/rental-of-transformer-at-el-romeral</link>
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<pubDate>Thu, 22 Jan 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy plc announced that its subsidiary Tarba Energía S.L. has secured a rental transformer for the El Romeral gas to power plant in Spain, enabling electricity generation and sales to resume by the end of January 2026. This rental agreement, which required Tarba to waive a €76,000 claim for lost production, is in place until a new, custom-ordered transformer is delivered, expected by Q3 2026. The company also highlighted that permitting for five new natural gas wells at El Romeral, whi</description>
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<title>Completion of Convertible Loan Notes Fundraise</title>
<link>https://6ix.com/company/prospex-energy-plc/news/completion-of-convertible-loan-notes-fundraise</link>
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<pubDate>Mon, 19 Jan 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has successfully completed a Convertible Loan Notes fundraise, securing committed subscriptions totalling £1,346,050. These funds have already been used to finance the company's 37% share of the 3D-seismic acquisition programme at the Selva Malvezzi concession in Italy, a crucial step for asset development. The unsecured Loan Notes, due in June 2028, carry a 12% annual interest rate, with the first two payments capitalised. The principal is repayable in three tranches by June </description>
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<title>Update: Convertible Loan Notes Fundraise</title>
<link>https://6ix.com/company/prospex-energy-plc/news/update-convertible-loan-notes-fundraise</link>
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<pubDate>Mon, 12 Jan 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has secured approximately £1 million in committed subscriptions for its unsecured Convertible Loan Notes, extending the offering period to January 16, 2026, with a target of up to £1.6 million. These notes, convertible at 3 pence per ordinary share, will bear 12% annual interest, with the first two payments capitalized. The principal is repayable in three tranches by June 2028, with anticipated increased gas production expected to cover these repayments. Net proceeds will fund</description>
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<title>Senior Management Changes: Appointment of New CEO</title>
<link>https://6ix.com/company/prospex-energy-plc/news/senior-management-changes-appointment-of-new-ceo</link>
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<pubDate>Tue, 06 Jan 2026 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC announces that Tom Reynolds will become Chief Executive Officer by February 1, 2026, succeeding Mark Routh who is retiring. Reynolds, with extensive energy sector executive experience, will receive a £50,000 signing bonus settled via Convertible Loan Notes, an annual salary of £250,000 with approximately £50,000 in equity, and nil-cost options over 3.5% of the company's share capital exercisable upon a liquidity event. The company's up to £1.6 million convertible loan note off</description>
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<title>£565,000 Issuance of Convertible Loan Notes</title>
<link>https://6ix.com/company/prospex-energy-plc/news/pound565000-issuance-of-convertible-loan-notes</link>
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<pubDate>Fri, 19 Dec 2025 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC has announced a proposed fundraise of up to £1.6 million through the issuance of unsecured Convertible Loan Notes, having already secured £565,000 from existing and new investors, including directors. These notes are due in June 2028, convertible at 3p per ordinary share, and carry a 12% annual interest rate, with the first two interest payments being capitalized. The proceeds will primarily fund capital expenditure, including £800,000 for 3D seismic acquisition in Italy, £300</description>
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<title>Italy: Selva Malvezzi – Operational Update</title>
<link>https://6ix.com/company/prospex-energy-plc/news/italy-selva-malvezzi-operational-update</link>
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<pubDate>Thu, 04 Dec 2025 07:03:00 GMT</pubDate>
<description>Prospex Energy PLC has announced the successful completion of its 3D geophysical acquisition campaign at the Selva Malvezzi production concession in Italy, covering approximately 140 square kilometres. The survey, which commenced on November 13, 2025, and concluded on November 27, 2025, was delivered on budget and ahead of schedule, utilizing 5,052 vibration points and 8,380 wireless geophones. The acquired data will be processed over the coming months to create a high-resolution subsurface mode</description>
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<title>Third Quarter Unaudited Group Financial Update</title>
<link>https://6ix.com/company/prospex-energy-plc/news/third-quarter-unaudited-group-financial-update</link>
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<pubDate>Mon, 24 Nov 2025 07:00:00 GMT</pubDate>
<description>Prospex Energy PLC reported its third-quarter unaudited financial update, highlighting £3.763 million in year-to-date investments, funded by £2.645 million from internal resources and a £1.118 million net equity raise in Q3. The company held £379,000 in cash and near-cash balances as of September 30, 2025, a decrease attributed to increased asset investment. Prospex anticipates its full-year 2025 share of gross sales will surpass 2024 levels, with ongoing strategic investments in European natura</description>
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<title>Viura Operational Update</title>
<link>https://6ix.com/company/prospex-energy-plc/news/viura-operational-update</link>
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<pubDate>Thu, 20 Nov 2025 11:51:00 GMT</pubDate>
<description>Prospex Energy PLC has provided an operational update for the Viura field in Spain, reporting steady production from the Viura Well at a gross plateau rate averaging over 190,000 scm/d, with net production to Prospex at 14.47% averaging over 27,100 scm/d. Water production has significantly reduced to less than 10 cubic metres per day, attributed to a new well completion. The operator is reprocessing 3D seismic data to optimise the structural model, aiming to commission a reserve report to suppor</description>
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<title>Italy: Selva Malvezzi Production Concession Update</title>
<link>https://6ix.com/company/prospex-energy-plc/news/italy-selva-malvezzi-production-concession-update</link>
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<pubDate>Tue, 18 Nov 2025 07:31:00 GMT</pubDate>
<description>Prospex Energy PLC has provided an operational update for the Selva Malvezzi production concession in Italy, reporting that a 3D seismic survey commenced on November 13, 2025, and is expected to conclude by mid-December, with processed data anticipated by April 2026 to aid future development planning. The company also confirmed a successful slickline integrity test on the PM-1 well on November 5, 2025, which continues to perform well, having produced 61 million scm (2.1 bcf) since July 4, 2023, </description>
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