News Oil & Gas

Predator secures more time to acquire Cory Moruga

Predator Oil & Gas Holdings plc has secured more time to acquire the Cory Moruga asset and progressed partner talks on carbon dioxide enhanced oil recovery (CO2 EOR) projects in Trinidad. CONDITIONS The licence includes the Snowcap oil discovery, with oil previously produced on test from the Snowcap-1 and Snowcap-2ST wells. The purchase, from Challenger Energy […]

Finance Legal News Oil & Gas

Predator starts litigation over terminated CO2 EOR project

Predator Oil & Gas Holdings plc said it had started a litigation process over the £591,065 FRAM loan for its Inniss-Trinity carbon dioxide enhanced oil recovery (CO2 EOR) project in Trinidad. FRAM The company signed an agreement with FRAM Exploration Trinidad Ltd which is a wholly owned subsidiary of Challenger Energy Group plc. Predator added that […]