Predator Oil & Gas Holdings Plc (LSE:PRD) has initiated rigless testing at its MOU-3 well, located in the Guercif region of Morocco. The ten-day program will focus on evaluating the shallow ‘A’ Sand reservoir, with the goal of unlocking additional gas resources. If successful, the operation could accelerate the company’s path to commercialization, taking advantage of Morocco’s attractive gas pricing and investor-friendly fiscal environment. A positive outcome may enhance profitability and reinforce Predator’s strategic position in the Moroccan energy sector.
About Predator Oil & Gas Holdings Plc
Headquartered in Jersey, Predator Oil & Gas Holdings Plc is an exploration and production company with interests in Morocco and Trinidad. In Morocco, the firm is targeting rapid gas monetization through compressed natural gas (CNG) development from its onshore assets. Meanwhile, its operations in Trinidad focus on optimizing output from established onshore oil fields, offering opportunities for both production growth and asset development.
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