Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.
Predator Oil & Gas Holdings Plc has announced a board reorganization, with Paul Griffiths transitioning from Executive Chairman to CEO, while the company seeks an Independent Non-executive Chairman. Following the departure of Lonny Baumgardner, the Managing Director role has been eliminated as a cost-saving measure. The company is currently fully funded for its ongoing Moroccan well testing and future projects, including assessing helium potential in the Titanosaurus structure.
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