Notice of AGM and Annual Report and Accounts

RNS Number : 7299Y

Predator Oil & Gas Holdings PLC

13 May 2019

 

Predator Oil & Gas Holdings Plc

("Predator" or the "Company")

Annual Report and Notice of AGM

The Company announces that it is posting its annual report for the year ended 31 December 2018 to shareholders together with the notice of its annual general meeting. Copies of the annual report and notice of Annual General Meeting (AGM) are available on the Company's website at https://www.predatoroilandgas.com/

Predator's AGM will be held on 13 June 2019 at 11.00 a.m. at the offices of Oak Group (Jersey) Limited, 3rd Floor Standard Bank House, 47-49 La Motte Street, St Helier, Jersey JE2 4SZ.

  Enquiries:

Predator Oil & Gas Holdings Plc Paul Griffiths, Chief Executive Officer Sarah Cope, Non-Executive Chairman	Tel: [phone]
Novum Securities Limited Broker Jon Belliss	Tel: [phone]

Notes to Editors:

Follow us also on VOX Market https://www.voxmarkets.co.uk/

Notes to Editors:

Predator is an oil and gas exploration company with the objective of participating with FRAM Exploration Trinidad Ltd. in further developing the remaining oil reserves in the producing Inniss Trinity oil field onshore Trinidad, primarily through the application of C02 EOR technology. Potential for cash flow exists by executing a Pilot Enhanced Oil Recovery project using locally-sourced carbon dioxide for injection into the oil reservoirs ("C02 EOR"). Near-term expansion and growth potential is focussed on upscaling the C02 EOR operations in the Inniss-Trinity oil field and potential acquisitions of assets suitable for C02 EOR development, subject to all necessary approvals. 

In addition, Predator also owns and operates exploration and appraisal assets in current licensing options offshore Ireland, for which Successor Authorisations have been applied for, adjoining Shell's Corrib gas field in the Slyne Basin on the Atlantic Margin and east of the Kinsale gas field and Barryroe oil field in the Celtic Sea.

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is initially prospective for Tertiary gas in prospects less than 10 kilometres from the Maghreb gas pipeline.

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

 

END

 

 

NOACKKDQPBKDNPD