REG - Predator O&G Hldgs - Appointment of NED Chairman

Predator Oil & Gas HoldingsAnnouncement

26/09/2024 07:00

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RNS Number : 6830F  Predator Oil & Gas Holdings PLC  26 September 2024

FOR IMMEDIATE RELEASE

 

26 September 2024

 

Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil
& Gas

 

Predator Oil & Gas Holdings Plc

 

("Predator" or the "Company" and together with its subsidiaries "the Group")

 

Appointment of Non-Executive Chairman

 

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas
Company with near-term hydrocarbon operations focussed on Morocco and
Trinidad is pleased to announce the appointment of Dr Stephen Boldy as
Non-Executive Chairman effective immediately.  Dr Boldy will Chair the Board
of four which includes one Executive Director and three Non-Executive
Directors.

 

Dr Boldy is currently CEO of Lansdowne Oil & Gas and is a petroleum
geologist with more than 40 years' experience. He has a B.Sc. in Geology, an
M.Sc. in Sedimentology and a Ph.D. From 1980 to 1984 Dr Boldy worked as a
petroleum geologist for the Petroleum Affairs Division of the Department of
Energy in Dublin and then spent almost 19 years with Amerada Hess Corporation,
where his he was U.K. Exploration Manager, Norway Exploration Manager and
International Exploration Manager. In March 2003 he joined Ramco Energy as
Vice President Ireland and led the flotation of Lansdowne Oil and Gas in 2006.
Dr Boldy served as President of the Petroleum Exploration Society of Great
Britain (PESGB) in 2004.

 

Paul Griffiths, Chief Executive Officer of Predator, commented:

"I would like to welcome Stephen to the Board and am pleased we have a Board
which is independent and which has the requisite financial, technical and
geological experience."

 

For further information visit www.predatoroilandgas.com (about%3Ablank)

 

Follow the Company on X @PredatorOilGas.

 

This announcement contains inside information for the purposes of Article 7 of
the Regulation (EU) No 596/2014 on market abuse.

 

 

For more information please visit the Company's website
at www.predatoroilandgas.com (about%3Ablank) :

 

Enquiries:

 Predator Oil & Gas Holdings Plc                                                                                                                                                                                                                                                                        Tel: +44 (0) 1534 834 600

 Paul Griffiths                Chief Executive Officer                                                                                                                                                                                                                                                  Info@predatoroilandgas.com (about%3Ablank)

 Novum Securities Limited                                                                                                                                                                                                                                                                               Tel: +44 (0)207 399 9425

 David Coffman / Jon Belliss

 Oak Securities                                                                                                                                                                                                                                                                                         Tel: +44 (0)203 973 3678

 Jerry                                                                                                                                                                                                                                                                                                  Jerry.keen@oak-securities.com (mailto:Jerry.keen@oak-securities.com)
 Keen

 Camarco - Financial PR                                                                                                                                                                                                                                                                                 Tel: +44 (0)20 3757 4980

 Billy Clegg / Owen Roberts / Fergus Young                                                                                                                                                                                                                                                              P (mailto:PredatorOilGas@camarco.co.uk) redatorOilGas@camarco.co.uk

                                                                                                                                                                                                                                                                                                      (mailto:PredatorOilGas@camarco.co.uk)

 

Notes to Editors:

 

Predator is an oil & gas company with a diversified portfolio of scaled
assets including unique and highly prospective onshore Moroccan gas exposure,
with multiple fully financed upcoming catalysts.

 

Predator has two high quality, scalable gas projects in Morocco with fast pace
of commercialisation and blue sky potential. Guercif is a shallow CNG biogenic
gas development with multiple traps and at least 4 separate reservoirs with
recently drilled wells due to be flow tested. The Giant Jurassic Titanosaurus
is a shallow thermogenic gas prospect evaluating 249m of potential gross
reservoir thickness in a trap of 187 km2 for pipeline gas to power, with
pipeline 2.5km from wellhead.   Moroccan gas prices are high, and the fiscal
terms are some of the best in the world.  Predator also has a diversified
portfolio of assets across Ireland and Trinidad, which is a near-term
revenue-generating project.

 

Predator has an experienced management team and consultants with particular
knowledge in Moroccan sub surface and operations.  The team specialises in
incorporating modern, proven technologies and processes from Canada and the US
to provinces where the conventional technologies did not allow their
hydrocarbon potential to be revealed.

 

Predator Oil & Gas Holdings plc is listed on London Stock Exchange's Main
Market with a Standard Listing (symbol: PRD). For further information, visit
www.predatoroilandgas.com (https://www.predatoroilandgas.com/)

 

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