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 […]
Tag: Predator Oil & Gas Holdings plc
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 […]
Predator welcomes MOU-5 in-place potential
Predator Oil & Gas plc has reported potential in-place helium of 104.31bcf for the P50 upside case in the MOU-5 well on the Moulouya prospect at Guercif in Morocco. PATHWAYS Scorpion Geoscience Ltd’s new report includes 598.88 billion cubic feet for the P10 upside case. In August, the potential conventional prospective gross recoverable gas resources […]
Predator appoints Stephen Boldy as chairman
Predator Oil & Gas Holdings plc has appointed Stephen Boldy as non-executive chairman, with immediate effect. A petroleum geologist with more than 40 years’ experience, Dr Boldy is currently chief executive of Lansdowne Oil & Gas plc. From 1980 to 1984 he was a petroleum geologist for the Petroleum Affairs Division of the Department of […]
Predator advances Morocco-Trinidad assets
Predator Oil & Gas Holdings plc has progressed its projects onshore Morocco and Trinidad. MOROCCO At Guercif, the company is extending Sandjet rigless testing on the MOU-3 well following data analysis by petroleum and chemical engineer Dr John Tinglass. Dr Tinglass worked on the company’s Inniss-Trinity CO2 EOR project in Trinidad, achieving enhanced oil production. […]
Predator changes board following review
Predator Oil & Gas Holdings plc has appointed its executive chairman Paul Griffiths as chief executive officer among other changes to board. Former chief operating officer Lonny Baumgardner leaves the board for personal reasons and the post of managing director is removed from the management structure. “The board wishes to thank Mr Baumgardner for his […]