Predator Oil & Gas

The Jersey-based Oil & Gas Company with operations in Morocco, Trinidad & Ireland, focussed on gas as a sustainable lower carbon fuel for the Energy Transition

[Predator Oil & Gas @PredatorOilGas]

We’re naturally disappointed that MOU-6 has not delivered in line with pre-drill expectations.
However, 1st successful perforation of target formation & well data collected is invaluable in terms of helping to calibrate the potential for gas interpreted by NuTech log analysis in MOU-1, MOU-3 and MOU-4.
Emphasis will now concentrate on partner negotiations.
In the meantime operating team is in the process of transferring to🇹🇹, where Snowcap-3 well is focus of drilling preparations. 1st of two instalments of deferred consideration for acquisition of former Challenger Energy Group’s business & assets in🇹🇹in 2025 is complete

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas MOU-6 preliminary well testing update
-Successfully perforated from 825.7 to 845.5m
-Combined low permeability & gas saturations
-Enriched database facilitates study interpreted prospective unconventional gas potential
https://t.co/ku51B0ypSb #PRD

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas MOU-6 preliminary well testing update
-Successfully perforated from 825.7 to 845.5m
-Combined low permeability & gas saturations
-Enriched database facilitates study interpreted prospective unconventional gas potential
https://t.co/ku51B0ypSb #PRD

[Flagstaff Communications @FlagstaffIR]

Flagstaff TV: @PredatorOilGas CEO Paul Griffiths talks to @DonaldLeggatt
https://t.co/qbCFb0vM1Z #PRD

[Flagstaff Communications @FlagstaffIR]

—Company Update— Crest Corporate Broking publishes @PredatorOilGas Flashnote Buy Rating following Encouraging Update
https://t.co/KcHGnSa3yj

[Predator Oil & Gas @PredatorOilGas]

Proceeds from the placing announced today are focussed on exploiting a window of opportunity to accelerate production growth in🇹🇹to avail of higher oil price & economies of scale.
Additionally, we have experienced that drilling & well testing costs have increased due to global inflation generated by the Middle East Conflict. It’s absolutely critical therefore that #PRD remains well capitalised as it transitions to accelerated production to demonstrate short-term financial strength & ability to access the capital markets for business growth to support partnering up in🇲🇦& DCCE financial review in the context of the potential awarding of a Corrib South successor authorisation. Corrib South has the potential to extend the life of the Corrib infrastructure & provide a new indigenous gas supply & reduce dependence on imported gas from Britain

[Flagstaff Communications @FlagstaffIR]

-Company Update- @PredatorOilGas Placing to raise £2.5m
Positioned for new positive scenario for partnering in🇲🇦
Provides catalyst to plan MOU-5 deepening to evaluate He potential
Initiating 1st study for unconventional biogenic gas resources 120km² area
https://t.co/a8msFwrDG8

[Flagstaff Communications @FlagstaffIR]

-Company Update- @PredatorOilGas Placing to raise £2.5m
Positioned for new positive scenario for partnering in🇲🇦
Provides catalyst to plan MOU-5 deepening to evaluate He potential
Initiating 1st study for unconventional biogenic gas resources 120km² area
https://t.co/a8msFwrDG8

[Predator Oil & Gas @PredatorOilGas]

We're pleased to have successfully completed the drilling phase of MOU-6 based on the new well design & mud weight strategy. This has resulted in much improved well cutting samples & wireline logs compared to previous data.
The well confirmed pre-drill expectations of a thicker uppermost TGB-6 Fan interval compared to the MOU-3 & MOU-1 wells.
Better wellbore conditions & access to the larger perforating guns, combined with a more comprehensive suite of wireline logs will provide well test information essential to potentially calibrate the sections penetrated by MOU-1, MOU-3 and MOU-6.
We're pleased to have received approval on schedule to drill the Snowcap-3 well🇹🇹. Operational focus will now shift to 🇹🇹

[Flagstaff Communications @FlagstaffIR]

-Company Update- @PredatorOilGas successfully completes drilling MOU-6🇲🇦gas well to planned 950m depth, within 20 day target
TGB-6 Fan gross upper interval ~21m thick
Well testing to commence shortly
Regulatory approval to drill Snowcap-3 🇹🇹 received
https://t.co/0NGUPOf2DO
#PRD

[Flagstaff Communications @FlagstaffIR]

-Company Update- @PredatorOilGas successfully completes drilling MOU-6🇲🇦gas well to planned 950m depth, within 20 day target
TGB-6 Fan gross upper interval ~21m thick
Well testing to commence shortly
Regulatory approval to drill Snowcap-3 🇹🇹 received
https://t.co/0NGUPOf2DO
#PRD

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas Interim Financial Statements to 30 June 2026
Financial highlights:
-Cash reserves £6.6m
-Holding £1.5m in restricted cash balances
-Generated £1.5m in production revenues
-🇹🇹 operations generated gross profit £283,041
https://t.co/8Sx4o1OTND
#PRD

[Share_Talk ™ @Share_Talk]

@PredatorOilGas (LON #PRD) drilling operations for the MOU-6 well in Morocco on September 19, 2026, with operations expected to last up to 20 days. MOU-6 will be the first well in Predator’s planned three-month drilling and potential testing campaign, followed by Snowcap-3 in Trinidad. In Trinidad civil engineering works for the Snowcap-3 well pad and production facilities are progressing on schedule.

[Predator Oil & Gas @PredatorOilGas]

#PRD at the MOU-6 well site

[Predator Oil & Gas @PredatorOilGas]

Well head being prepared recently for welding and installation #PRD

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas commencement of MOU-6 well drilling operations. Began on 19 Sept & planned to last <20 days
RNS:
https://t.co/nyyxf8Ktcb
AGM NOTICE 09.30 BST on Weds 14 Oct 2026
RNS:
https://t.co/Ki0I15mflx
#PRD

[The Sunday Roast @RoastPR]

Predator Oil & Gas (LSE: PRD) has commenced drilling of the MOU-6 well in Morocco, with operations starting on 19 September and expected to take up to 20 days. The well forms part of Predator’s ongoing exploration programme and follows the technical objectives outlined in the company’s June 2026 Independent Technical Resources Report. With drilling now underway, MOU-6 provides a near-term operational catalyst for Predator, with the market now awaiting completion of the well and subsequent results from the programme.
@PredatorOilGas

[Predator Oil & Gas @PredatorOilGas]

Rig on way from MOU-5 to MOU-6 using the new road build at the side of the bridge that we had to have approval to build #PRD

[Predator Oil & Gas @PredatorOilGas]

Specialist logging tools arrived safely for checking & calibration #PRD

[Predator Oil & Gas @PredatorOilGas]

Preparations for drilling the Snowcap-3 well in🇹🇹are proceeding smoothly & on schedule.
We expect to have the date for commencement of MOU-6 well operations in🇲🇦within the next 2 weeks on current schedule.
Successful well testing with flow of hydrocarbons is the catalyst for finalising commercial deals & financing arrangements for development based on potentially attractive revenue forecasts. Speculating with regard to such arrangements at this time is mis-guided. We’ve demonstrated financial strength by always maintaining an adequate balance sheet. That has made it possible for us to retain our original equity in our projects & operatorship & control thereof during the higher risk stage of portfolio development over several years. This is what has attracted parties to our well-managed operations. This is combined with a recognition of our ability to execute drilling programmes with a low operating overhead & significant growth potential within the assets under our management. This strengthens our negotiating position when it comes to the most critical part of the oil & gas cycle - monetisation

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas Update on sales revenues & drilling plans
Highlights
-H1 2026 oil sales 52,130 barrels
-Net petroleum revenue (before costs) £1,522,877
-Snowcap-3 & MOU-6 drilling preparations on schedule
https://t.co/yTXsbgvAif #PRD

[Flagstaff Communications @FlagstaffIR]

—Company Update— @PredatorOilGas Update on sales revenues & drilling plans
Highlights
-H1 2026 oil sales 52,130 barrels
-Net petroleum revenue (before costs) £1,522,877
-Snowcap-3 & MOU-6 drilling preparations on schedule
https://t.co/yTXsbgvAif #PRD

[Predator Oil & Gas @PredatorOilGas]

Snowcap 3 site works