Predator Oil & Gas Holdings PLC Annual Report and Notice of AGM (4024B)

TIDMPRD

RNS Number : 4024B

Predator Oil & Gas Holdings PLC

10 June 2021

FOR IMMEDIATE RELEASE

10 June 2021

Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas

LEI 213800L7QXFURBFLDS54

Predator Oil & Gas Holdings Plc

("Predator" or the "Company" and together with its subsidiaries "the Group")

Annual Report and Notice of AGM

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland announces that it is posting its annual report for the year ended 31 December 2020 to shareholders together with the notice of its Annual General Meeting. Copies of the annual report and notice of Annual General Meeting (AGM) are available on the Company's website at https://www.predatoroilandgas.com/

Predator's AGM will be held on 6 July 2021 at 11.00 a.m. at the offices of Oak Group (Jersey) Limited, 3rd Floor Standard Bank House, 47-49 La Motte Street, St Helier, Jersey JE2 4SZ.

COVID-19

Whilst shareholder participation at the AGM is important to the Board of Directors, in light of the Jersey Government's and UK Government's response to the COVID-19 outbreak, Shareholders are reminded that travel to, and attendance in person at, indoor meetings is subject to restrictions pursuant to applicable regulations.

Shareholders are therefore urged to avail themselves of the proxy voting service and to follow the instructions below on how to submit a question to the Chairman relating to the business being dealt with at the Annual General Meeting.

To be valid, Forms of Proxy must be completed and deposited at Computershare Investor Services (Jersey) Limited, c/o The Pavilions, Bridgwater Road, Bristol BS99 6ZY by 11:00am on Friday 2nd July 2021 and in default will not be treated as valid.

A member may submit a question in writing by sending a letter and evidence of their shareholding at least two business days prior to the Annual General Meeting by post to the Company Secretary (at the Company's registered office).

The Company will seek to answer any question a member may ask relating to the business being dealt with at the Annual General Meeting, through publication of questions and answers on the Company's website www.predatoroilandgas.com

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse (as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018).

For more information, please visit the Company's website at www.predatoroilandgas.com :

Enquiries:

 
 Predator Oil & Gas Holdings Plc                   Tel: [phone] 
  Dr. Stephen Staley Non-executive Chairman         [e-mail] 
  Paul Griffiths Chief Executive Officer 
 
 Novum Securities Limited                          Tel: [phone] 
  Jon Belliss 
 
  Optiva Securities Limited                         Tel: [phone] 
  Christian Dennis 
 
 Flagstaff Strategic and Investor Communications   Tel: [phone] 
  Tim Thompson                                      [e-mail] 
  Mark Edwards 
  Fergus Mellon 
 

Notes to Editors:

Predator is an oil and gas exploration company with the objective of participating with FRAM Exploration Trinidad Ltd. in further developing the remaining oil reserves and sequestrating anthropogenic carbon dioxide in the producing Inniss Trinity oil field onshore Trinidad, primarily through the application of C02 EOR technology. Potential for cash flow exists by executing a successful Pilot Enhanced Oil Recovery project using locally sourced liquid carbon dioxide for injection into and storage within the oil reservoirs ("C02 EOR"). Near-term expansion and production growth potential is focussed on upscaling the C02 EOR operations in the Inniss-Trinity oil field, subject to all necessary approvals.

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is prospective for Tertiary gas in prospects less than 10 kilometres from the Maghreb gas pipeline. A drilling programme, subject to the lifting of COVID-19 restrictions, targeting material prospective gas resources is scheduled for Q2 2021.

In addition, Predator also owns and operates exploration and appraisal assets in licensing options offshore Ireland, for which Successor Authorisations have been applied for, adjoining Vermilion's Corrib gas field in the Slyne Basin on the Atlantic Margin and east of the Kinsale gas field and Barryroe oil field in the Celtic Sea.

The Company has a highly experienced management team with a proven track record in the oil and gas industry.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FUREANKNESAFEFA

(END) Dow Jones Newswires

June 10, 2021 02:00 ET (06:00 GMT)