St Brides Partners Ltd reposted this
So nice to be able to share positive news! Well done Prospex Energy plc and Andrew Raca and his team for getting this over the line! #ukmarkets #fundraise #prospexenergy #energyinvestment
VSA Capital acted as Financial Adviser and Broker to Prospex Energy plc on their equity financing for £4.2 million. The funding goes towards a new development well at the Viura onshore gas field which spudded in June this year, and the proceeds give PXEN a 7.5% interest in a third producing natural gas asset and second in Spain.
