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Predator Oil & Gas Highlights Strategic Focus in Morocco and Trinidad

Story Highlights
  • Predator Oil & Gas operates in Morocco and Trinidad, focusing on hydrocarbon production.
  • The company is enhancing production in Morocco and Trinidad to leverage high gas prices and mature oil fields.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Predator Oil & Gas Highlights Strategic Focus in Morocco and Trinidad

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Predator Oil & Gas Holdings Plc ( (GB:PRD) ) has provided an announcement.

Predator Oil & Gas Holdings Plc announced that its recent investor presentation is now available on its website. The company is actively engaged in rigless well testing activities in Morocco and is focused on enhancing production in Trinidad. These efforts are expected to capitalize on high Moroccan gas prices and favorable fiscal terms, as well as leveraging Trinidad’s mature oil fields to improve profit margins through new technologies and economies of scale.

More about Predator Oil & Gas Holdings Plc

Predator Oil & Gas Holdings Plc is a Jersey-based company operating in the oil and gas industry, with a focus on near-term hydrocarbon operations and production in Morocco and Trinidad. The company has a diversified portfolio, including onshore Moroccan gas exposure and projects in Trinidad. Morocco offers a potentially faster route to commercialisation through CNG or micro-LNG development, while Trinidad provides a mature onshore oil province with opportunities for production enhancement.

Average Trading Volume: 2,208,945

Technical Sentiment Signal: Sell

Current Market Cap: £19.22M

For an in-depth examination of PRD stock, go to TipRanks’ Overview page.

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