Predator Oil & Gas Holdings plc has issued 3,866,090 new ordinary shares, at 3.35 pence per share, to its chief executive officer Paul Griffiths to settle a portion of outstanding loans. Mr Griffiths is owed £323,785 from the capitalisation of his loans in May 2023, which is detailed as a current liability in the company’s […]
Tag: Predator Oil & Gas Holdings plc
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 […]
Predator assesses ‘agressive’ drilling at Bonasse
Predator Oil & Gas Holdings plc said it was evaluating an “aggressive” back-to-back drilling programme at the Bonasse field onshore Trinidad, to take advantage of the recent spike in oil prices. REVENUE During February 2026, the company drilled and completed two new development wells, BON-18 and 19, with both now online and producing. Predator has […]
Predator starts drilling Bonasse field
Predator Oil & Gas Holdings plc has stepped up its Trinidad operations, with the start of a multi-well drilling programme in the Bonasse field and several workovers due to begin in the Goudron field. TREND The company said that the first well, BON-18, was a redrill of the BON-2 legacy production well, which has damaged […]
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 […]
Predator increases production in Trinidad
Predator Oil & Gas Holdings plc reported a 19% increase in production, along with further potential, following drilling and well workovers in the Bonasse and Goudron fields, onshore Trinidad. SNOWCAP Operator NABI Energy Holdings Ltd completed a heavy well work on the GY-211 well in Goudron, and initially flowed 221 barrels of oil per day. […]