Predator Oil & Gas Holdings PLC Appointment of NED Chairman

RNS Number : 6830F

Predator Oil & Gas Holdings PLC

26 September 2024

 

FOR IMMEDIATE RELEASE

 

26 September 2024

 

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

 

Predator Oil & Gas Holdings Plc

 

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

 

Appointment of Non-Executive Chairman

 

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with near-term hydrocarbon operations focussed on Morocco and Trinidad is pleased to announce the appointment of Dr Stephen Boldy as Non-Executive Chairman effective immediately.  Dr Boldy will Chair the Board of four which includes one Executive Director and three Non-Executive Directors.

 

Dr Boldy is currently CEO of Lansdowne Oil & Gas and is a petroleum geologist with more than 40 years' experience. He has a B.Sc. in Geology, an M.Sc. in Sedimentology and a Ph.D. From 1980 to 1984 Dr Boldy worked as a petroleum geologist for the Petroleum Affairs Division of the Department of Energy in Dublin and then spent almost 19 years with Amerada Hess Corporation, where his he was U.K. Exploration Manager, Norway Exploration Manager and International Exploration Manager. In March 2003 he joined Ramco Energy as Vice President Ireland and led the flotation of Lansdowne Oil and Gas in 2006. Dr Boldy served as President of the Petroleum Exploration Society of Great Britain (PESGB) in 2004.

 

Paul Griffiths, Chief Executive Officer of Predator, commented:

"I would like to welcome Stephen to the Board and am pleased we have a Board which is independent and which has the requisite financial, technical and geological experience."

 

For further information visit www.predatoroilandgas.com

 

Follow the Company on X @PredatorOilGas.

 

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse.

 

 

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

 

Enquiries:

Predator Oil & Gas Holdings Plc Paul Griffiths                Chief Executive Officer	Tel: [phone] [e-mail]
Novum Securities Limited David Coffman / Jon Belliss   Oak Securities Jerry Keen	Tel: [phone]     Tel: [phone] [e-mail]
Camarco - Financial PR Billy Clegg / Owen Roberts / Fergus Young	Tel: [phone] [e-mail]

 

Notes to Editors:   

 

Predator is an oil & gas company with a diversified portfolio of scaled assets including unique and highly prospective onshore Moroccan gas exposure, with multiple fully financed upcoming catalysts.

 

Predator has two high quality, scalable gas projects in Morocco with fast pace of commercialisation and blue sky potential. Guercif is a shallow CNG biogenic gas development with multiple traps and at least 4 separate reservoirs with recently drilled wells due to be flow tested. The Giant Jurassic Titanosaurus is a shallow thermogenic gas prospect evaluating 249m of potential gross reservoir thickness in a trap of 187 km2 for pipeline gas to power, with pipeline 2.5km from wellhead.   Moroccan gas prices are high, and the fiscal terms are some of the best in the world.  Predator also has a diversified portfolio of assets across Ireland and Trinidad, which is a near-term revenue-generating project.

 

Predator has an experienced management team and consultants with particular knowledge in Moroccan sub surface and operations.  The team specialises in incorporating modern, proven technologies and processes from Canada and the US to provinces where the conventional technologies did not allow their hydrocarbon potential to be revealed.

 

Predator Oil & Gas Holdings plc is listed on London Stock Exchange's Main Market with a Standard Listing (symbol: PRD). For further information, visit www.predatoroilandgas.com  

 

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