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Predator Oil & Gas Holdings Plc: Operational update
Home / Client News / Predator Oil & Gas Holdings Plc: Operational update

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland announces an operational update.

Morocco
Following the successful completion of permitting and survey requirements, Predator Gas Ventures Morocco Branch (“PGVMB”) has awarded the contract for the construction of the MOU-1 well pad platform and the improvement and extension of up to 5 kilometres of access roads to Moroccan company Skayavers Sarl. Civil works are to start immediately to facilitate the commencement of drilling activities next month.

A further update on progress will be given upon completion of the well pad platform and the upgrade of access roads and tracks.

Trinidad
Inniss-Trinity C02 EOR

C02 injection recommenced, after receiving all regulatory consents and permits, at the AT-5X well on 1 April 2021.
By 18 May 159.7 metric tonnes of C02 had been injected, compared to 461.73 metric tonnes in 2020. Cumulative volume of C02 injected for 2020 and 2021 as of 18 May 2021 is 621.43 metric tonnes.
C02 injection has only been conducted during daylight hours to align operational activity with local COVID-19 restrictions and recently introduced lockdown curfews.

https://www.londonstockexchange.com/news-article/PRD/operational-update/14987959

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