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 […]
Tag: Predator Oil & Gas Holdings plc
Predator restarts planning MOU-5 Jurassic well
Predator Oil & Gas Holdings plc has restarted planning the MOU-5 Jurassic well, targeting the ‘Titanosaurus structure’ covering up to 187km2, at Guercif onshore Morocco. HELIUM The company will also evaluate the possibility of helium potential by MOU-5 and MOU-4 rigless well testing, after a gas sample from MOU-3 showed the presence of helium. The […]
Predator begins Sandjet rigless testing on MOU-3
Predator Oil & Gas Holdings plc has begun Sandjet rigless testing on the MOU-3 well at Guercif in Morocco. MOMENTUM Following the June arrival of initial equipment, testing tools and chemicals required for rigless testing operations were imported into Morocco after customs clearance. Remaining rigless testing equipment arrived after clearance on 2 August, with the […]
Predator receives £300,000 via warrant exercise
Predator Oil & Gas Holdings plc has received £304,474.06 following notices to exercise 5,221,203 warrants by Novum Securities Ltd. A total 2,890,908 warrants are exercisable at 5.5 pence per share; 1,780,412 warrants at 5.7 pence per share; and 549,883 warrants at 8 pence per share. The company has issued to Novum 5,221,203 new ordinary shares. […]
Predator progresses Trinidad-Ireland assets
Predator Oil & Gas Holdings plc has agreed a further 16.2% interest in the Cory Moruga E block, subject to Trinidad regulatory approval. WORKOVERS The company’s subsidiary T-Rex Resources Trinidad Ltd will shortly begin site clearance for the first well workover with quote for the work currently under review before contracts are awarded. Jacobin-1 well […]
Predator nears MOU-3 Sandjet rigless testing
Predator Oil & Gas Holdings plc has received some well services equipment and started preparations to re-enter and perforate the MOU-3 well, ahead of Sandjet rigless testing. INTERVALS Operations are expected to last at least five weeks before the company moves to the next well in the programme on the Guercif licence. The Sandjet’s primary […]