Predator Oil & Gas Holdings Plc has released its unaudited interim results for the six-month period ending June 30, 2023. The company reported a loss from operations of £2,361,721 for the period, compared to £599,789 for the same period in 2022. The cash balance at the end of the period was £1,000,006, down from £3,323,161 at the end of 2022. The company raised £1,139,950 through two placings and £1,646,986 through the exercise of share options. The company also announced that MOU-2 was drilled to 1260 meters and suspended for operational reasons, while MOU-3 was drilled to 1509 meters and completed for rigless testing. MOU-4 drilling began at the end of the period. The company has also entered into a binding term sheet for the acquisition of the under-developed Cory Moruga field and has been approached by a potential partner for Corrib South offshore Ireland.