Predator Oil & Gas #PRD - A Morocco update from PRD this morning in which they say that the State of Emergency has been extended until July 10th but with some easing possible before then. The rig for Guercif drilling remains stacked in country and excitement regarding the first well is mounting as NuTech analysis has identified a new additional target for the first exploration well. The target is in the upper part of the interval between 1,386-1,413m TVD KB and will present an opportunity to evaluate the western edge of a newly interpreted Tertiary fan complex over 20-25km². The company is also carrying out a significant gas market study to review the technical feasibility of transporting gas as CNG from Guercif to sites of industrial production. Potential market size and Indicative costs of CNG transportation will be related to the specific Moroccan infrastructure environment, which includes a railroad passing through Guercif linking Guercif to Morocco’s industrial and commercial centres. This study will assess the potential for early monetisation of gas discovered at Guercif. Other options to develop an integrated gas business in Morocco are being assessed for regulatory, technical and commercial feasibility, including subsurface gas storage at Guercif in the context of security of energy supply and a Floating Storage and Regassification Unit (“FRSU”). Presence of gas infrastructure linking Morocco with Europe and the demand for both gas-to-power and to replace coal and oil to reduce carbon emissions is a scenario the Company is very familiar with in Ireland. Paul Griffiths, Chief Executive of Predator, commented: “Guercif is pivotal to the Company in terms of developing a gas business utilising the excellent infrastructure that exists in Morocco. We are ready to progress the drilling programme as soon as COVID-19 public health restrictions are eased to facilitate the recommencement of safe operations. We have used lockdown to define additional Guercif prospectivity and to review potential LNG markets suitable for FSRU penetration in those countries where management have a long history of experience and understanding. The business environment is changing, and we need to adapt to change and use this experience and understanding to maximise our business development opportunities. Post COVID-19 will require significant coordinated effort to re-build economies and natural gas will be an inevitable and pragmatic contributor to this evolutionary process, whilst providing jobs, government taxes and security of flexible energy supply necessary for inward investment.” It strikes me that during the lockdown and as the management has had the opportunity to consider all options for Guercif they have looked at every possible scenario for marketing any gas that they might find. Although the first choice would be using the Maghreb pipeline, only 8 km away and a discovery using this route would indeed be a game changer. It’s very unusual for a CEO of a company to back a project with such a high equity level in the Company, this should be noted, It is also very unusual for a CEO to have a strong geoscience background combined with commercial understanding and a track record in the area. It looks like being a very exciting time for PRD in Morocco in the next few months.
Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, notes that the Moroccan authorities have stated that the state of emergency in response to the COVID-19 pandemic is being extended to July 10 th during which time there would be an easing of some of the current restrictive public health...
RNS Number: 4022 R Predator Oil& Gas Holdings PLC 29 June 2020 FOR IMMEDIATE RELEASE. Predator Oil& Gas Holdings Plc/ Index: LSE/ Epic: PRD/ Sector: Oil& Gas. Predator Oil& Gas Holdings Plc.
RNS Number: 4021 R Predator Oil& Gas Holdings PLC 29 June 2020 FOR IMMEDIATE RELEASE. Predator Oil& Gas Holdings Plc/ Index: LSE/ Epic: PRD/ Sector: Oil& Gas. 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...
Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, confirms the incorporation of its new subsidiary company Predator LNG Ireland Limited.. SLR Environmental Consulting Limited has been appointed as regulatory, planning and environmental advisors to Predator LNG Ireland Limited to advance...
RNS Number: 4561 O Predator Oil& Gas Holdings PLC 01 June 2020. Pilot Enhanced Oil Recovery onshore Trinidad. Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland, notes the announcement today by Columbus Energy Resources PLC confirming the start of Phase 2 of the CO Pilot Project in the Inniss...
Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, announces that it is posting its annual report for the year ended 31 December 2019 to shareholders together with the notice of its Annual General Meeting. Predator's AGM will be held on 29 June 2020 at 11.00 a.m. at the offices of Oak Group Limited,...
Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, announces its intention to proceed to apply for a liquefied natural gas import licence for Ireland following the execution of confidentiality agreements with a global supplier of LNG and an owner of LNG regasification vessels..
RNS Number: 5186 N Predator Oil& Gas Holdings PLC 20 May 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 9521 M Predator Oil& Gas Holdings PLC 14 May 2020 FOR IMMEDIATE RELEASE. and Placing to raise £0.448 million. Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland is pleased to announce that it has conditionally placed 22,438,842 new ordinary shares of no par value in the Company at a...
RNS Number: 9498 M Predator Oil& Gas Holdings PLC 14 May 2020. Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company, has received notice from Arato Global Opportunities Limited for the conversion of £99,500 of the Loan Note, issued on 15 February 2019, and accordingly Predator has today allotted and issued 4,707, 926 new ordinary shares, inclusive...
Predator Oil & Gas #PRD - The Trinidad Ministry of Energy has granted approval for AT-5X carbon dioxide and injection system to start injecting for a period of 90 days which will allow maximum CO2 injection rate and pressure as determined by the reservoir engineering forecasts, to be achieved. CEO Paul Griffiths said ‘this is an important operational development that allows us to increase our ability to sequestrate anthropogenic carbon dioxide whilst accelerating the point at which revenues are generated. Enhancing the scale of return on investment can be achieved by maximising well deliverability. We are pleased that continuing to execute our CO2 EOR strategy by increasing CO2 injection volumes is helping us to reach our near-term goal of developing a carbon-neutral energy business’. With the exciting Morocco well on hold due to COVID-19 this is good news for PRD in Trinidad. Should this be successful CEO Paul Griffiths is spot on in his comments that the company will be a stand-out carbon-neutral company in the sector, a key feature in the future for oil & gas companies.
RNS Number: 6979 M Predator Oil& Gas Holdings PLC 13 May 2020. Pilot Enhanced Oil Recovery onshore Trinidad using injected Carbon Dioxide. Predator Oil& Gas Holdings Plc, the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland, notes the announcement today by Columbus Energy Resources PLC, that the Petroleum Operations Management...
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Predator Oil & Gas Holdings ("Predator") is a Public Limited Company registered in Jersey Number 125419 listed on the main market of the London Stock Exchange (Ticker PRD and ISIN JE00BFZ1D698) by way of a standard listing under Chapter 14 of the UKLA's Listing Rules. Predator has two wholly owned subsidiaries: Predator Oil & Gas Trinidad Ltd. and Predator Oil and Gas Ventures Ltd. Our portfolio consists of upstream exploration, appraisal and development assets onshore Trinidad and offshore the Republic of Ireland. Since its formation, Predator has built a diversified portfolio of oil and gas interests with the key focus being the pursuit of Enhanced Oil Recovery opportunities using carbon dioxide injection in Trinidad and exploration and appraisal gas assets offshore Ireland. The Company's board and management have many years experience around the world in creating, developing and executing oil and gas projects.

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