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Reabold Resources, Predator Oil & Gas plus Chris Bailey on the Markets and 4 Stocks

13:21, 26th February 2020

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On today's Vox Markets Podcast: Reabold Resources, Predator Oil & Gas plus Chris Bailey on the Markets

Sachin Oza, Co-CEO of Reabold Resources (RBD) FOLLOW discusses their operations including the Californian update they released today.

Reabold Resources is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world. As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment.


Paul Griffiths, Chief Executive of Predator Oil & Gas (PRD) FOLLOW provides an update on their operations in Morocco and Trinidad.

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is prospective for Tertiary gas in a prospect 4 kilometres from the Maghreb gas pipeline, and deeper Triassic gas. A well location has been selected for drilling in Q2 2020 and a rig option agreement has been exercised. Predator is an oil and gas exploration company with the objective of participating with FRAM Exploration Trinidad Ltd. in further developing the remaining oil reserves in the producing Inniss Trinity oil field onshore Trinidad, primarily through the application of C02 EOR technology. Potential for cash flow exists by executing the Pilot Enhanced Oil Recovery project using locally sourced carbon dioxide for injection into the oil reservoirs ("C02 EOR"). Near-term expansion and growth potential is focussed on upscaling the C02 EOR operations in the Inniss-Trinity oil field. In addition, Predator also operates exploration and appraisal assets in licensing options offshore Ireland, for which Successor Authorisations have been applied for, adjoining Shell's Corrib gas field in the Slyne Basin on the Atlantic Margin and east of the Kinsale gas field and Barryroe oil field in the Celtic Sea. Ireland however remains a very challenging regulatory environment for business investment in the oil and gas sector and is not the immediate focus of the Company's near-term operations.

(Interview starts at 11 minutes 48 seconds)


Chris Bailey founder of Financial Orbit covers the markets reaction to coronavirus and the following companies:

Diageo (DGE) FOLLOW

SSP Group (SSPG) FOLLOW

Restaurant Group (RTN) FOLLOW

Metro Bank (MTRO) FOLLOW

(Interview starts at 22 minutes 50 seconds)  

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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