Prospex Energy plc (AIM: PXEN) , the AIM quoted investing company focused on European gas and power projects, is pleased to announce the release of its latest corporate presentation.

The presentation contains an update on the Company's investment strategy and certain assets, including:

Viura, Rioja Province, Spain
•    Average production rates during January and February 2026 are 101,000 Ncm/d gas and 148 cubic metres produced water per day
•    These rates are not indicative of steady state operation as the operating regimes have been selected to inform boundary conditions within the dynamic model
•    The Company expects the modelling work to have completed by end April 2026 and a steady state operational regime established

San & Dunajec exploration licences, Poland
The Dunajec licence contains an undeveloped oil discovery drilled in 1966 which may contain up to 2 million barrels Oil Originally in Place based on historic estimates with 13m of pay interval measured in fractured carbonate at a depth of c. 600m.  

2025 Cash Reconciliation
The presentation includes an unaudited cash reconciliation for calendar year 2025 and an indicative estimate for Q1 2026 which takes account of cash directly controlled by the Company but excludes cash flows related to its 7.5% ownership stake in HEYCO Energy Iberia corresponding to the Viura field.