Prospex Energy (PXEN LN) has announced a temporary halt to production at Viura owing to a leak in the completion tubing at the Viura-1B well. This requires a workover rig to fix it which is now being sourced by the operator who expects production to resume in mid-June 2025. Between the start of production in late 2024 and the end of Q1 2025 gross production totalled 1.1BCF of which 154mmscf is net to PXEN owing to the structure of the investment during the capital payback period. The knock on i ....
