Share Talk Ltd

Zak Mir talks to Mark Routh, CEO of Prospex Energy, as the AIM-quoted investment company focused on European gas and power projects announced that it has qualified to apply for onshore open acreage hydrocarbon exploration licences in Poland. Key points covered: Expansion into Poland: Prospex Energy has spent about a year preparing to apply for licenses in Poland, demonstrating both financial and technical capability. European Growth Strategy: The company is not seeking "domination," but rather expansion, aiming to grow into a significant European gas-producing company. Current Projects: Prospex Energy is already operating in Spain and Italy, and Poland is viewed as a long-term growth project, with drilling expected in 2–3 years. Self-Funding Plan: As their projects in Spain and Italy develop and increase production, they hope to be self-funded for future expansions into Poland. Market Perspective: While there may be concerns about taking on too much, Routh is confident in the company’s strategy and