Predator Oil & Gas Holdings plc issued six million options over ordinary shares to two non-executive directors under the company’s existing option scheme. Alistair Jury and Carl Kindinger each received three million options exercisable at 12.5 pence per share. A total 50% of the options will vest upon a news release on rigless testing results […]
Tag: Guercif – Morocco
Predator amends Guercif rigless testing programme
Predator Oil & Gas Holdings plc has altered the sequence of rigless testing of wells after making “good progress” on opening talks for a potential off-take agreement at Guercif. MOU-3 The company integrated results from MOU-1 to MOU-4 wells before choosing MOU-3 as the focal point for a potential CNG [compressed natural gas] development hub. […]
Predator results show further extension of Moulouya Fan
Predator Oil & Gas Holdings plc said that MOU-4 well drilling results showed the Moulouya Fan anomaly extended farther than previously mapped at Guercif, onshore Morocco. INTERVALS Operations showed mixed findings, with two of four prospects awaiting consultant NuTech wireline logs including the M1 Sand shallow interval from 540 to 589 metres TVD MD, not […]
Predator awards contract for MOU-3 platform
Predator Oil & Gas Holdings plc has awarded Skayavers Sarl the contract to construct the MOU-3 well pad platform and improve access roads at the Guercif petroleum agreement, onshore Morocco. LOGISTICS The operator, which shortly expects to complete permitting and survey requirements, will start civil works on or before 10 April 2023 before beginning drilling […]
Predator issues 3m share options to Morocco director
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 […]
Predator raises £2m via conditional placing
Predator Oil & Gas Holdings plc has raised £2 million before expenses from a conditional placing. The company placed 15.5 million new ordinary shares of no par value, and 20,863,636 existing ordinary shares of no par value in the company transferred by chief executive officer Paul Griffiths, each at a placing price of 5.5 pence. Predator said […]