Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.
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.
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