Predator Oil & Gas Holdings PLC Acquisition Challenger Energys Trinidad and Tobago

Dow Jones
02-18

Enquiries:

 
 Predator Oil & Gas Holdings Plc                   Tel: +44 (0) 1534 834 600 
  Paul Griffiths - Chief Executive Officer          Info@predatoroilandgas.com 
 
 Oak Securities                                    Tel: +44 (0)203 973 3678 
  Jerry Keen                                        Jerry.keen@oak-securities.com 
 
  Novum Securities Limited                          Tel: +44 (0)207 399 9425 
  David Coffman / Jon Belliss 
 
 Flagstaff Strategic and Investor Communications   Tel: +44 (0)207 129 1474 
  Tim Thompson                                      predator@flagstaffcomms.com 
  Mark Edwards 
  Fergus Mellon 
 

Notes to Editors:

Predator is an oil & gas company with a diversified portfolio of scaled assets including unique and highly prospective onshore Moroccan gas exposure, with multiple fully financed upcoming catalysts.

Predator has an interesting gas project in Morocco with fast pace of commercialisation and significant upside. The Guercif project is a shallow CNG biogenic gas development with different traps and separate identified reservoirs. The Jurassic Titanosaurus is a shallow thermogenic gas prospect evaluating 249m of potential gross reservoir thickness in a trap of maximum closure of 187 km2 for pipeline gas to power, with pipeline 2.5km from wellhead. Moroccan gas prices are high, and the fiscal terms are some of the best in the world. Predator also has a diversified portfolio of assets across Ireland and Trinidad, which is a near-term revenue-generating project.

Predator has an experienced management team with particular knowledge in Moroccan sub surface and operations. The team specialises in incorporating modern, proven technologies and processes from Canada and the US to provinces where the conventional technologies did not allow their hydrocarbon potential to be revealed.

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(END) Dow Jones Newswires

February 18, 2025 02:00 ET (07:00 GMT)

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