Predator Oil & Gas Holdings plc’s prospectus has been approved by the Financial Conduct Authority. The document, dated 10 August, will allow admission to trading of shares issued in a recent £10 million fundraise.
Tag: Predator Oil & Gas Holdings plc
Predator raises £10m via private placement
Predator Oil & Gas Holdings plc has raised £10 million gross from an oversubscribed bookbuild for institutional investors. A total of 90,909,090 new ordinary shares of nil par value were placed with investors at an issue price of 11 pence. Following admission, which is subject to FCA approval of the Predator’s prospectus, the company’s issued share […]
Predator targets minimum £7m via private placing
Predator Oil & Gas Holdings plc aims to raise a minimum £7 million gross via a placing for institutional investors on completion of an accelerated bookbuild process. USES The company, with onshore oil and gas operations in Morocco and Trinidad, will issue new ordinary shares in the capital of the company at a price to […]
Predator identifies 64m likely gas sands for rigless testing
Predator Oil & Gas Holdings plc highlighted a total 64 metres of likely gas sands, including a likely gas reservoir, in the MOU-4 well due for rigless testing at Guercif, onshore Morocco. INTERVALS Results from NuTech‘s wireline log analysis and reservoir characterisation show from 519 to 713 metres TVD MD including the M1 sands with […]
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 begins drilling MOU-4 well at Guercif
Predator Oil & Gas Holdings plc has started drilling the MOU-4 well to appraise the Moulouya Fan on the Guercif licence, onshore Morocco. RIGLESS TESTING The Star Valley Rig 101 began operations on 29 June and will also test the potential for Jurassic carbonate reservoir development within a 126km² structure. After drilling MOU-4, Predator will […]