Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Predator Oil & Gas Holdings Plc is advancing its hydrocarbon operations with the initiation of a rigless testing program in Morocco and the preparation for future appraisal drilling, while in Trinidad, a significant interest in the Cory Moruga ‘E’ Block has been acquired. The company is also actively pursuing a farm-in opportunity in Ireland, targeting a substantial gas in place with a notable chance of success. With the company fully funded for near-term operations, upcoming workover programs in Trinidad are expected to potentially re-establish oil production at encouraging rates.
For further insights into GB:PRD stock, check out TipRanks’ Stock Analysis page.
