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Predator Oil & Gas Holdings Plc ( (GB:PRD) ) has provided an update.
Predator Oil & Gas Holdings Plc has provided an operational update, highlighting the extension of its acquisition of CEG Trinidad due to political changes in Trinidad. The company is advancing its projects in Trinidad with increased production in the Bonasse field and planning new drilling activities. In Morocco, Predator is preparing for testing and potential gas production from the MOU-3 well and is evaluating helium potential in the region. These developments could enhance Predator’s operational capabilities and market position, potentially benefiting stakeholders through increased production and exploration opportunities.
More about Predator Oil & Gas Holdings Plc
Predator Oil & Gas Holdings Plc is an oil and gas company with a diverse portfolio of assets, focusing on onshore Moroccan gas and Trinidadian oil projects. The company leverages Morocco’s favorable fiscal terms and high gas prices to commercialize shallow biogenic gas, while in Trinidad, it enhances production in mature oil fields using new technologies. The company is listed on the London Stock Exchange.
YTD Price Performance: -55.44%
Average Trading Volume: 6,270,588
Technical Sentiment Signal: Buy
Current Market Cap: £19.66M
Find detailed analytics on PRD stock on TipRanks’ Stock Analysis page.