Predator Oil & Gas Begins Drilling at Moroccan MOU-5 Site

An announcement from Predator Oil & Gas Holdings Plc ( (GB:PRD) ) is now available.

Predator Oil & Gas Holdings Plc has commenced drilling operations at the MOU-5 well site in its Guercif licence onshore Morocco as of March 3, 2025. This development is part of their strategy to capitalize on the high Moroccan gas prices and favorable fiscal terms, with the potential to significantly impact their operations and market positioning. The drilling will continue throughout March, with results to be announced following a comprehensive analysis.

More about Predator Oil & Gas Holdings Plc

Predator Oil & Gas Holdings Plc is a Jersey-based company operating in the oil and gas industry with a focus on near-term hydrocarbon operations and production activities in Morocco and Trinidad. The company has a diversified portfolio that includes a unique and highly prospective onshore Moroccan gas project, as well as assets in Ireland and Trinidad. Predator is known for its experienced management team and its use of modern technologies to unlock hydrocarbon potential.

YTD Price Performance: -32.78%

Average Trading Volume: 2,521,906

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £29.65M

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