Onshore Poland Well Update

Prospex Oil and Gas Plc / Index: AIM / Epic: PXOG / Sector: Oil and Gas

22 November 2016

Prospex Oil and Gas Plc ('Prospex' or the 'Company')Onshore Poland Well Update

Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that further to the announcements of 19 October and 9 November 2016, Prospex has been advised by the directors of Hutton Poland Limited, that well pad construction at the Boleslaw-1 well in the 1,150 sq km Kolo Licence, onshore Poland is proceeding according to schedule and drilling remains on track to commence in Q4 2016.

A selection of new photographs of the site can be found on the Company's website: http://www.prospexoilandgas.com/gallery.html.

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