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Predator Oil & Gas Holdings Plc: Report and Interim Financial Statements for the 6 months to 30 June 2022
Home / Client News / Predator Oil & Gas Holdings Plc: Report and Interim Financial Statements for the 6 months to 30 June 2022

Financial highlights:

·           Loss from operations for the 6 months period is £599,789 (2021: full year Loss of £1,398,821).

·           Cash balance, at period end of £1,549,434 (2021 year end: £1,523,035).

·           A further £1,235,107 (US$1,500,000) held as restricted cash and £654,073 by way of a loan to FRAM Exploration Trinidad Ltd. for the investment in the Pilot CO2 EOR Project.

·           £1,035,000 (before expenses) raised through one Placing.

·           8,855,486 share options issued exercisable at £0.0566.

·           No debt.

https://www.londonstockexchange.com/news-article/PRD/report-and-interim-financial-statements/15635284

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