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

Predator raises £4.5m to drill Snowcap-3

Predator Oil & Gas Holdings plc has conditionally raised £4.5 million via a placing of 128,571,419 million new ordinary shares of no par value in the company, at a placing price of 3.5 pence each. TVRs The company said it had used some of its existing ability to issue shares under the Financial Conduct’s Authority Public Offers and Admissions to Trading […]

Finance News Oil & Gas

Predator to raise £2m via placing

Predator Oil & Gas Holdings plc has conditionally placed 40 million new ordinary shares of no par value in the company at 5 pence each to raise £2m with a single institutional investor. The company said that the placing was significantly oversubscribed and utilised some of its existing headroom shares under the Financial Conduct’s Authority prospectus regulation rules. A total […]