FOR IMMEDIATE RELEASE
28 April 2023
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")
Notice of Annual General Meeting and Posting of Circular
Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Morocco, Ireland and Trinidad is pleased to announce the date of its Annual General Meeting ("AGM").
Notice is hereby given that the AGM will be held at 9.30 a.m. (UK time) on Wednesday 31st May 2023 at the offices of Oak Group (Jersey) Limited, 3rd Floor IFC5, Castle Street, St Helier, JE2 3BY.
A copy of the Notice of Annual General Meeting (the "Notice") will be available later today on the Company's website at www.predatooilandgas.com and a copy of the Notice will be posted to Shareholders on 5th May 2023.
Shareholders are encouraged to vote in advance of the meeting with votes cast by proxy card.
In order to vote by proxy, please use the Form of Proxy, which will be posted to you with the Notice and which will also be also available on the Company's website. Please use the Form of Proxy in accordance with the instructions printed on it and return it by post to the Company's registrar: Computershare Investor Services plc, The Pavilions, Bridgwater Road, Bristol, BS99 6ZY, as soon as possible and, in any event, so as to be received by no later than 9.30 a.m. on Monday 29th May 2023. You are strongly advised to appoint the Chair of the meeting as your proxy to ensure that your vote is counted.
This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse.
For further information visit www.predatoroilandgas.com
Follow the Company on twitter @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:
Enquiries:
Predator Oil & Gas Holdings Plc Paul Griffiths Executive Chairman Lonny Baumgardner Managing Director |
Tel: +44 (0) 1534 834 600 |
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Novum Securities Limited David Coffman / Jon Belliss
Optiva Securities Limited Christian Dennis, CEO Ben Maitland, Corporate Finance
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Tel: +44 (0) 207 399 9425
Tel: +44 (0) 203 137 1902
Tel. +44 (0) 203 034 2707
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Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Fergus Mellon
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Tel: +44 (0) 207 129 1474 |
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 and suitable for the development of Compressed Natural Gas for Morocco's industrial sector. The MOU-1 well has been completed and is subject to a follow-up testing programme. The MOU-2 well is currently suspended pending a potential re-entry.
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 in oil reservoirs.
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.