Change of Financial Advisors

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

 

 

Enquiries:

Predator Oil & Gas Holdings Plc

Paul Griffiths  Executive Chairman

Lonny Baumgardner   Managing Director

Tel: +44 (0) 1534 834 600

Info@predatoroilandgas.com



Novum Securities Limited

Jon Belliss

 

Optiva Securities Limited

Christian Dennis

Tel: +44 (0) 207 399 9425

 

 

Tel: +44 (0) 203 137 1902

 

 



Flagstaff Strategic and Investor Communications

Tim Thompson 

Mark Edwards

Fergus Mellon

Tel: +44 (0) 207 129 1474

predator@flagstaffcomms.com

 

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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