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IN BRIEF: Predator Oil & Gas to start drilling MOU-3 well imminently

2nd Jun 2023 08:35

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Says that the Star Valley Rig 101 will start drilling the MOU-3 well within the next 24 hours.

The MOU-3 well is located in the Guercif Petroleum Agreement, onshore Morocco.

Plans to give another update when MOU-3 reaches its intended pre-drill total depth of 1,500 metres, and before wireline logging operations begin.

Current stock price: 6.24 pence, up 1.5% on Friday morning in London

12-month change: down 45%

By Holly Beveridge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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