Predator Oil & Gas Holdings Plc has announced its total voting rights as of December 29, 2023. The company's issued share capital consists of 565,161,662 Ordinary Shares, each with one voting right. There are no Ordinary Shares held in treasury, so the total number of voting rights in the company is 565,161,662. Shareholders should use this figure as the denominator for calculating their interest in the share capital of the company. The announcement also contains inside information for the purposes of market abuse regulations.
Predator Oil & Gas Holdings Plc is the operator of the Guercif Petroleum Agreement in Morocco, which is prospective for Tertiary gas. The company is preparing for a follow-up testing program for the MOU-1 well and plans to move the project to a compressed natural gas (CNG) development stage. In Trinidad, the company aims to develop the remaining oil reserves in mature onshore oil fields using CO2 enhanced oil recovery (EOR) techniques and carbon dioxide sequestration.
Predator also owns and operates exploration and appraisal assets in licensing options offshore Ireland. The company has applied for successor authorizations for these assets, which are located adjacent to Vermilion's Corrib gas field in the Slyne Basin and east of the decommissioned Kinsale gas field in the Celtic Sea. Additionally, Predator has developed a Floating Storage and Regasification Project (FSRUP) for the import of LNG and its regasification in Ireland. The company is also working on gas storage concepts to address gas supply security and price volatility during peak demand periods.
For more information, visit the company's website at www.predatoroilandgas.com.