Client NewsPredator Oil & Gas Holdings Plc: Corporate update – Independent valuation of contingent gas resources
Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Morocco, Trinidad and Ireland and focussed on gas as a sustainable lower carbon fuel for the Energy Transition, is pleased to announce, as previously referenced in the Operations Update released on 15 December 2021, the completion by SLR Consulting (Ireland) Ltd. (“SLR”) of a Competent Persons Report (“CPR”). The CPR comprises of an independent re-assessment and valuation of the “Guercif MOU-4 Prospect” as evaluated by SLR in the CPR referenced in the Operations Update released on 7 December 2020 and now defined as the Tertiary Moulouya Turbidite Fan Appraisal Project (the “Appraisal Project”) following the incorporation of the positive MOU-1 drilling results.
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