Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - Signs rig contract with Canada-based Star Valley Drilling Ltd to use its Rig 101. Says Rig 101 has successfully drilled and completed for rigless testing the MOU-1 gas discovery well to drill the upcoming MOU-2 well in the Guercif licence onshore northern Morocco. Read More
Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - On Monday, following a review of its interim and annual financial statements, says there was no reference to the FRAM loan in its annual statements. Says there is no explanation as to why the chief executive officer of FRAM Exploration Trinidad Ltd unilaterally terminated the Inniss-Trinity CO2 EOR pilot project with 24 hours' notice. Says correspondence gave undertakings regarding the project to progress. Adds its position remains unchanged regardings the FRAM loan, as it outlined on June 7. Determines that there is an option to resolve the issues but says that if this option cannot be progressed it will continue with the legal process. Read More
Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - Pretax loss in the first half of 2022 narrows to GBP599,789 from GBP758,128 a year before, as administrative expenses fall to GBP599,789 from GBP758,109. Generates no revenue in the period, unchanged from a year before. Intends to submit its Mag Mell FSRU project to the public consultation process, which will run until October 28. This follows several months of "intensive marketing" of the project. Read More
(Alliance News) - Predator Oil & Gas Holdings PLC on Wednesday said it is rasing GBP3.3 million via a placing of 60.0 million shares at 5.5 pence each. Read More
Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - H2Green Power Ltd sells 1.8 million shares, a 0.6% stake, at 9 pence, worth GBP160,713, on Tuesday. Predator Executive Chair Paul Griffiths is a director and significant shareholder of H2Green Power, and his interest in Predator is reduced to 14.6% from 15.4% as a result. H2Green sells its shareholding "to remove any potential conflicts of interest between the two entities and to provide funding for the development of H2Green's business", Predator says. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Predator Oil & Gas Holdings PLC - Jersey-based operator active in Trinidad, Morocco and Ireland - Narrows its pretax loss in 2021 to GBP1.4 million from GBP1.6 million the previous year. Chair Paul Griffith says this was achieved despite a "significant" increase in operation activity and corporate strategic planning and execution. Read More
(Alliance News) - Predator Oil & Gas Holdings PLC on Tuesday said it has started a litigation process regarding the repayment of an outstanding loan it paid for a terminated project to a subsidiary of Challenger Energy Group PLC. Read More
Predator Oil & Gas Holdings PLC - operator in Trinidad, Morocco and Ireland - Says executing the Moroccan drilling programme simultaneously with the MOU-1 rigless testing remains at the "forefront" its business development plans. Rigless testing of MOU-1 will be aligned with the presence of in-country drilling services, materials and equipment mobilised from overseas for the start of the 2022 drilling programme. Further, MOU-4 and MOU-5 wells are seeking to prove up the currently defined best estimate gross contingent gas resources of 295 billion cubic feet, net attributable to Predator's 75% interest, which is based on a conservative 66% gas recovery over 13 years. Advisor SLR Consulting Ireland Ltd indicated a high estimate of 708 BCF net attributable to Predator's 75% interest based on a higher gas in place estimate for thicker reservoirs that are the targets for these wells, it explains. Company adds is fully-funded to meet all the above well planning and preparation activities in Morocco. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
TRADING UPDATES: Ideagen profit soars; Enwell annual production up Read More
UK EARNINGS: PPHE struggles to recover 2019 levels; Foxtons revenue up Read More
IN BRIEF: Predator Oil & Gas plans to drill further wells in Morocco Read More
TRADING UPDATES: Blackbird starts US trading; Tufton buys and sells Read More
DIRECTOR DEALINGS: Ocado chair buys; Predator project director sells Read More
TRADING UPDATES: Sareum raises GBP1 million; Marlowe buys Core Stream Read More
IN BRIEF: Predator Oil & Gas shares dive after Moroccan well drilling Read More
SMALL-CAP WINNERS & LOSERS: Alfa Financial lifts revenue outlook Read More
UK shareholder meetings calendar - next 7 days Read More