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: Snowcap oil discovery – Cory Moruga – Trinidad
Predator raises £3m
Predator Oil & Gas Holdings plc has raised £3 million before expenses by conditionally placing 85,714,286 million new ordinary shares of no par value in the company, at 3.5 pence each. TRINIDAD-MOROCCO The company is also issuing six million warrants, exercisable at 3.5p each, with an expiry date three years from the date of admission. Following admission, Predator will have […]
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. […]
Predator to boost production on Challenger deal
Predator Oil & Gas Holdings plc aims to increase production following its agreement to acquire all the Trinidad and Tobago assets belonging to Challenger Energy Ltd. SNOWCAP The purchase, for up to US$8 million, of Columbus Energy (St. Lucia) Ltd includes its business, producing interests and operations’ subsidiaries. Assets include the three producing fields of […]