Prospex Energy PLC announced the start of gas production from the Podere Maiar-1 ("PM-1") gas facility at the Selva field in the Po Valley region of northern Italy. First gas was achieved following the completion of operational and safety inspections with successful sign off from UNMIG and the Fire Department and subsequent go-ahead from the Ministry last week, solidifying its authorisation for gas production at PM-1. Construction and grid connection of PM-1 to the SNAM grid in Italy was announced on the 16 May 2023, with all activities completed on schedule and within 3% of budget. Po Valley Operations Pty Limited is the Operator of the Selva Malvezzi production concession with a 63% working interest, while Prospex has the remaining 37% working interest.
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- Prospex Energy plc Announces Selva Field Development Start of Gas Production from Podere Maiar-1 in Italy