The Group holds a 90% interest in Exploenergy, an Italian company, with two gas exploration licenses obtained in 2025. The fields are in the Po Valley in Northern Italy, in Lombardia and Emilia Romagna regions.
The Po Valley is a proven gas basin. Our exploration licenses are near existing field discoveries, with two leads having been identified with combined, un-risked prospective resources estimated to be approximately 60BCF.
The Group is currently conducting the analysis of the historic seismic data and studies for preparing the exploration phase.
