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Predator Oil & Gas Holdings Plc: Drilling and operations update
Home / Client News / Predator Oil & Gas Holdings Plc: Drilling and operations update

Highlights    

·    MOU-1 step-out well MOU-2 to target 295 BCF net Contingent Resources

·    Unrisked NPV US$592 million

·    MOU-2 well pad construction will commence this month

·    September – October drilling schedule

·    Targeting 110 metre potential gross reservoir interval in Moulouya (“MOU-4”) Fan

·    Planning for extended production test for early CNG sales and gas revenues

·    Memorandum of Understanding for Gas Sales Agreement and leasing of CNG equipment being discussed

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Morocco, Ireland and Trinidad is pleased to announce a drilling and operations update.

https://www.londonstockexchange.com/news-article/PRD/drilling-and-operations-update/15545708

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