Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit located in onshore northern Italy in Po Valley Basin. It also holds a 15% interest in the Tesorillo project comprising 38,000 ha in Cadiz Province of southern Spain; and 49.9% interest in El Romeral gas power project, an integrated gas production and power station located in the Guadalquivir basin in southern Spain. The company was formerly known as Premier Gold Resources Plc and changed its name to Prospex Oil And Gas Plc in April 2015. Prospex Oil And Gas Plc was incorporated in 1999 and is based in Essex, the United Kingdom.