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Predator Oil & Gas Holdings Plc Reports Strong Year-End Progress and Future Plans

Story Highlights
  • Predator Oil & Gas has increased production and profitability in Trinidad.
  • The company is advancing gas development plans in Morocco and exploring storage options in Ireland.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Predator Oil & Gas Holdings Plc Reports Strong Year-End Progress and Future Plans

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Predator Oil & Gas Holdings Plc ( (GB:PRD) ) has provided an announcement.

Predator Oil & Gas Holdings Plc has provided an end-of-year operations update, highlighting significant progress in its Trinidad and Morocco operations. In Trinidad, the company has increased oil production and revenues, with plans for further development and drilling in 2026. The company has eliminated exposure to field operating costs and capital requirements, returning its assets to profitability. In Morocco, Predator is advancing its gas appraisal and development plans, with a focus on mitigating formation damage and increasing gas flow rates. The company is also exploring opportunities for a strategic gas storage reserve in Ireland, aiming to contribute to energy security and affordability.

More about Predator Oil & Gas Holdings Plc

Predator Oil & Gas Holdings Plc is a Jersey-based company operating in the oil and gas sector, with a focus on hydrocarbon production in Trinidad and Morocco. The company is involved in both onshore and offshore projects, aiming to enhance its production capabilities and explore new opportunities in the energy market.

Average Trading Volume: 1,074,398

Technical Sentiment Signal: Sell

Current Market Cap: £22.51M

See more data about PRD stock on TipRanks’ Stock Analysis page.

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