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An announcement from Predator Oil & Gas Holdings Plc ( (GB:PRD) ) is now available.
Predator Oil & Gas Holdings Plc has announced a successful placement of 50 million new ordinary shares at 4 pence each, raising £2 million to accelerate drilling activities in Morocco and Trinidad in 2025. The company has secured strategic investors who align with its vision for rapid drilling expansion and potential asset monetization, enhancing its operational and market positioning.
More about Predator Oil & Gas Holdings Plc
Predator Oil & Gas Holdings Plc is a Jersey-based company operating in the oil and gas sector, focusing on near-term drilling operations predominantly in Morocco and Trinidad. The company possesses a diversified portfolio of scaled assets, including Moroccan onshore gas projects with high commercial potential, and it aims to leverage its experienced management team and modern technologies to advance oil and gas exploration and production.
YTD Price Performance: -17.67%
Average Trading Volume: 1,334,232
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £33.96M
See more data about PRD stock on TipRanks’ Stock Analysis page.
