News Oil & Gas

Predator extends rig contract ahead of MOU-6 drilling

Predator Oil & Gas Holdings plc has amended its existing drill contract to extend operations for a further two months on the Guercif licence, onshore Morocco. DE-RISK Predator said that the amendment, from 1 August to 1 October 2026, would allow MOU-6 well operations, which is designed to overcome the formation damage caused by previous […]

Finance News Oil & Gas

Ascent issues 21.9m new shares to creditors

Ascent Resources plc will issue 21,895,113 new ordinary shares to repay part of a loan and to settle payment to trade creditors. TVRs The company has agreed to issue shares in lieu of part repayment in an amendment to its existing secured loan facility with Riverfort Global Opportunities PCC Ltd. The deed of amendment and […]