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 […]
Tag: Predator Oil & Gas Holdings plc
Predator raises £2m with strategic investors
Predator Oil & Gas Holdings plc has raised £2 million by conditionally placing with strategic investors 50m new ordinary shares of no par value in the company at 4 pence each. CORNERSTONE The company said that the placing utilised some of its existing headroom shares under the Financial Conduct’s Authority prospectus regulation rules. A total 10 million warrants are also […]
Predator acquires 51% of Bonasse field operator
Predator Oil & Gas Holdings plc expects to start receiving revenues from its new 51% holding in the operator of the Bonasse field in the Southwestern Peninsular, Trinidad. TECHNOLOGY The $170,000 investment in Caribbean Rex Ltd adds to Predator’s existing country assets of the Cory Moruga oil field, containing the Snowcap discovery, and its extension, […]
Predator prepares to drill Titanosaurus structure
Predator Oil & Gas Holdings plc has started civil engineering work to improve access roads and prepare the well pad at the MOU-5 drill site on the Guercif licence, onshore Morocco. EVALUATION The company said the fully funded drilling operations, targeting the Titanosaurus prospect, are on schedule to begin on or about 25 February 2025. […]
Predator to raise £2m via placing
Predator Oil & Gas Holdings plc has conditionally placed 40 million new ordinary shares of no par value in the company at 5 pence each to raise £2m with a single institutional investor. The company said that the placing was significantly oversubscribed and utilised some of its existing headroom shares under the Financial Conduct’s Authority prospectus regulation rules. A total […]
Predator issues 3m share options to chairman
Predator Oil & Gas Holdings plc has issued three million share options to its recently appointed non-executive director and chairman Stephen Boldy. Issued on 1 October, the options are exercisable at 10.5 pence per share with one million immediately vesting. The remaining two million will vest after three months, or on first gas flow rate from the […]