Predator Oil & Gas Holdings plc has issued three million share options to Moyra Scott, drilling manager in Morocco.
The award of unallocated share options is under the company’s existing option scheme following her appointment as a director of the group’s subsidiary Predator Gas Ventures Ltd.
The options issued on 27 March 2023 are exercisable at 10 pence per share and will vest after six months or upon the release of a company RNS with the MOU-3 wireline log results, whichever occurs first.
APPOINTMENT
Ms Scott is an experienced senior drilling engineer and well delivery project manager in Europe and Africa with 32 years’ experience in the oil industry.
She has previously worked with BP, Tullow Oil and Lundin Petroleum among others.
Since 2021 Ms Scott has executed two drilling programmes for Predator in the Guercif licence onshore Morocco and is currently planning the next phases of drilling for 2023.
She is also expected to lead the company’s operational well planning for Trinidad subject to approvals.
Ms Scott holds an MSc in Petroleum Geology from Heriot-Watt University in Edinburgh.