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Prospex Energy (LSE:PXEN) Allowance For Loans And Lease Losses


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What is Prospex Energy Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Prospex Energy (LSE:PXEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prospex Energy PLC (LSE:PXEN) » Definitions » Allowance For Loans And Lease Losses
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c/o Shakespeare Martineau LLP, 60 Gracechurch Street, London, GBR, EC3V 0HR
Prospex Energy PLC is a British Oil and Gas investment company. The company's investment policy is to acquire and invest in companies and projects within the natural resources and energy sector with potential for growth and income. Its strategy is to acquire a portfolio of investments in oil and gas projects that are at various stages of the development cycle and which represent attractive opportunities on a risk/reward basis.