REG - Predator O&G Hldgs - Financial Public Relations and Investor Meet

Predator Oil & Gas HoldingsAnnouncement

13/12/2024 07:00

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RNS Number : 9325P  Predator Oil & Gas Holdings PLC  13 December 2024

FOR IMMEDIATE RELEASE

 

13 December 2024

 

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

Predator Oil & Gas Holdings Plc

("Predator" or the "Company")

 

Financial Public Relations and Investor Meet

 

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas
Company with near-term hydrocarbon operations and production focussed on
Morocco and Trinidad is pleased to announce the appointment of Flagstaff
Strategic and Investor Communications ("Flagstaff") as its public relations
adviser.

 

Paul Griffiths , the Company's Chief Executive Officer, will be holding a
live Investor Q&A session via the Investor Meet Company platform on
23rd January 2025 at 5.30pm (UK Local time).

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up
until 9am the day before the meeting or at any time during the live
presentation.

 

Investors can sign up to Investor Meet Company for free and add to
meet Predator via:

https://www.investormeetcompany.com/predator-oil-gas-holdings-plc/register-investor
(https://www.investormeetcompany.com/predator-oil-gas-holdings-plc/register-investor)

Investors who already follow Predator on the Investor Meet
Company platform will automatically be invited.

In an addition to new work on the helium potential of the giant 177km2 MOU-5
"Titanosaurus" structure and the preparations to commence drilling the well
there will also be an opportunity to provide the latest updates in regard to,
inter alia:

·    the continuing MOU-3 testing and perforating programme and operations
designed to bring the well into production for a potential CNG development;

·    the additional helium potential for wells MOU-3 and MOU-4;

·    the Jacobin-1 testing programme and novel wax treatment in the Cory
Moruga Licence onshore Trinidad and follow-up plans for Snowcap-1 re-entry and
wax treatment;

·    Acquisition and proposed acquisition of assets onshore Trinidad
establishing Predator as a production company;

·    Optimisation of Trinidad operating costs, overheads and well
productivities to increase profit margins to efficiently utilise significant
tax losses;

·    2025 production guidance for onshore Trinidad with the objective of
potentially exiting 2025 at 400 to 600 bopd following completion of
acquisitions and successful work over programmes and wax treatments;

·    Update on an award of the Corrib South successor authorisation,
Atlantic margin of Ireland adjacent to the Corrib Gas Field;

·    Potential to offer CO2 sequestration services using Predator Oil
& Gas Trinidad Limited equipment; technical expertise; environmental
reporting standards and operational know-how;

·    Divestment strategy in the event of a successful MOU-5 Titanosaurus
well;

·    Agreed farmout strategy in the event of an award of the Corrib South
successor authorisation and potential to spin out Predator Oil and Gas
Ventures Limited and list in Dublin;

·    Review and clarification of key financial health indicators contained
within the Company's published Financial Statements for the Year Ending 31
December 2023 and Interim Results for the period ending 30 June 2024 and
impact of increased potential production revenues during 2025;

·    Launch of the re-designed company website.

 

 

Paul Griffiths, Chief Executive Officer of Predator, commented:

"We are delighted to be re-engaging with Flagstaff who have a good
understanding of our assets and strategic objectives going forward based on
our previous history with Flagstaff.

The Board re-structuring in 2024 allowed for the clear separation of the CEO
and Chairman functions to create better-defined responsibilities for public
and investor relations and an improved use of the Board resources".

Tim Thompson, Partner of Flagstaff, commented:

"Flagstaff is very excited to have the opportunity again to be re-engaging
with Predator ahead of the most eagerly awaited MOU-5 well in Morocco. The
potential for helium adds yet another dimension to the Predator story and
prudently diversifies the portfolio of assets without incurring additional
costs."

 

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

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

 Tim Thompson                                                            predator@flagstaffcomms.com (about%3Ablank)

 Mark Edwards

 Fergus Mellon

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 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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