Predator Oil & Gas Holdings plc said it remained on schedule to start drilling next month its MOU-1 gas well in the Guercif Basin, northern Morocco. The MOU-1 well, comprising permits I, II, III and IV, is approximately 250km due east of and on trend with the Rharb Basin, where shallow commercial gas production has been […]
Tag: Predator Oil & Gas Holdings plc
Predator finds early revenue path for Guercif gas
Predator Oil & Gas Holdings plc said it had found a simple way to early monetisation of the group’s Guercif MOU-1 gas well site in Morocco. The company commissioned SLR Consulting Ltd to develop a high level scheme for the transport costs of dry gas to existing reception facilities via a pilot compressed natural gas […]
Predator raises £1.8m via placing
Predator Oil & Gas Holdings plc announced it has raised £1.785 million before expenses after conditionally placing 17 million new ordinary shares of no par value in the company at a placing price of 10.5 pence each. The placing was significantly oversubscribed and utilises much of the company’s existing headroom shares under the Financial Conduct Authority restrictions for […]
Predator to investigate third well at Inniss-Trinity
Predator Oil & Gas Holdings plc said it had included a third well in its investigative work at the pilot enhanced oil recovery (EOR) assisted by carbon dioxide project (pilot CO2 EOR) in Inniss-Trinity field, onshore Trinidad. The company added that swab tests and investigation of two of the four wells originally selected to evaluate […]
Predator starts drill preparations at Guercif
Predator Oil & Gas Holdings plc said it had started preparations for drilling at the MOU-1 well in its Guercif licence, onshore Morocco. The company’s operational planning for the MOU-1 well began on schedule and the construction of the MOU-1 well pad is due to be ready for April 2021. The AT-5X well is being prepared […]
Predator considers CO2 sequestration in Ireland
Predator Oil & Gas Holdings plc said its pioneering CO2 sequestration operations in Trinidad could also be used in Ireland. The chief executive’s words came as Predator welcomed yesterday’s renewed commitment by the Irish Government to honour existing licences for oil and gas. The Jersey-based hydrocarbon company has operations in Ireland, Trinidad and Morocco. It […]