REG - Predator O&G Hldgs - Change of Financial Advisors

Predator Oil & Gas HoldingsAnnouncement

17/08/2022 16:30

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RNS Number : 3736W  Predator Oil & Gas Holdings PLC  17 August 2022

FOR IMMEDIATE RELEASE

 17 August 2022

 

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

 
                        LEI 213800L7QXFURBFLDS54

 
          Predator Oil & Gas Holdings Plc

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

 

Change of Financial Advisors

 

 

 

Peterhouse Capital Limited have given notice of their immediate resignation as
financial advisors to Predator Oil & Gas Holdings Plc.

 

The Directors are pleased to announce the appointment of Novum Securities
Limited as financial advisor to the Company.

 

 

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 (http://www.predatoroilandgas.com/) :

 

 

Enquiries:

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

 Paul Griffiths               Executive Chairman                 Info@predatoroilandgas.com (mailto:Info@predatoroilandgas.com)

 Lonny Baumgardner   Managing Director

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

 Jon Belliss

 Optiva Securities Limited                                       Tel: +44 (0) 203 137 1902

 Christian Dennis

 Flagstaff Strategic and Investor Communications                 Tel: +44 (0) 207 129 1474

 Tim Thompson                                                    predator@flagstaffcomms.com (mailto:predator@flagstaffcomms.com)

 Mark Edwards

 Fergus Mellon

 

Notes to Editors:

 

Predator is operator of the Guercif Petroleum Agreement
onshore Morocco which is prospective for Tertiary gas in prospects less than
10 kilometres from the Maghreb gas pipeline.  The MOU-1 well has been
completed and a follow-up testing programme is being developed and a further
drilling programme is under review.

 

Predator is seeking to further develop the remaining oil reserves
of Trinidad's mature onshore oil fields through the application of CO2 EOR
techniques and by sequestrating anthropogenic carbon dioxide to produce
"greener" oil.

 

In addition, Predator also owns and operates exploration and appraisal assets
in licensing options offshore Ireland, for which successor authorisations
have been applied for, adjoining Vermilion's Corrib gas field in the Slyne
Basin on the Atlantic Margin and east of the decommissioned Kinsale gas field
in the Celtic Sea.

 

Predator has developed a Floating Storage and Regasification
Project ("FSRUP") for the import of LNG and its regassification
for Ireland and is also developing gas storage concepts to address security
of gas supply and volatility in gas prices during times of peak gas demand.

 

The Company has a highly experienced management team with a proven track
record in operations in the oil and gas industry.

 

 

 

 

 

 

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