News Oil & Gas

Predator tackles logistic delays ahead of drilling MOU-2

Predator Oil & Gas Holdings plc said that competition for transport had delayed the spud date for the MOU-2 well at its Guercif gas licence onshore northern Morocco. TRANSPORT The company, which has nearly completed pre-drilling procurement and delivery, had expected to start drilling in mid-December. “Some remaining well inventory was delayed as a result […]

News Oil & Gas

Predator on course to drill MOU-1 step-out well

Predator Oil & Gas Holdings plc is in final preparations to drill the MOU-1 step-out well, MOU-2, targeting 295 bcf net contingent resources at Guercif, Morocco. PROGRAMME The company said it was completing local permitting for the second of two alternative locations for the step-out well to the MOU-1 well which was completed for rigless […]

News Oil & Gas

Predator seeks partners for Guercif gas project

Predator Oil & Gas plc said it had signed confidentiality agreements with companies over its gas project in Guercif, Morocco. AGREEMENTS One agreement is with a company based in the United Arab Emirates and an Asian exploration and production company. This is to evaluate the exploration, appraisal and development opportunities in the area covered by […]

News Oil & Gas

Predator issues CPR and looks to monetise Guercif

Predator Oil & Gas Holdings plc said it would open options to monetise its Guercif interests onshore Morocco following an independent valuation of contingent gas resources. LICENCES The Guercif licence comprises exploration permits I, II, III and IV covering 7,269 km². The competent persons report (CPR) by SLR Consulting (Ireland) Ltd was for the Guercif […]

News Oil & Gas

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 […]