{"id":12059,"date":"2022-03-18T09:11:55","date_gmt":"2022-03-18T09:11:55","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12059"},"modified":"2022-03-18T09:11:55","modified_gmt":"2022-03-18T09:11:55","slug":"morocco-predator-oil-gas-raises-1-035-million-for-drilling-operations","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-predator-oil-gas-raises-1-035-million-for-drilling-operations\/","title":{"rendered":"MOROCCO: Predator Oil &#038; Gas Raises \u00a31.035 million for Drilling Operations"},"content":{"rendered":"<p class=\"be\"><span class=\"aw\">Highlights\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Secure option on rig to drill within a definitive time window<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Planned construction of two well pads<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Competitiveness in accessing well services and materials enhanced<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Second gas target identified for first well<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Exploration target for Jurassic gas being matured<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bf\"><span class=\"ao\">\u00b7\u00a0\u00a0\u00a0\u00a0<\/span><span class=\"aw\">Quote received and reviewed for MOU-1 well testing<\/span><\/p>\n<p class=\"bi\"><span class=\"aw\">\u00a0<\/span><span class=\"aw\">Predator Oil &amp; Gas has announced that it has conditionally placed<\/span><span class=\"aw\">\u00a011,500,000\u00a0<\/span><span class=\"ai\">\u00a0<\/span><span class=\"aw\">new ordinary shares of no par value in the Company\u00a0 at a placing price of 9 pence each to raise \u00a31.035 million before expenses.<\/span><span class=\"aw\">\u00a0<\/span><\/p>\n<p class=\"bm\"><span class=\"aw\">Use of Proceeds<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">The Company is primarily intent in the near-term on expanding and executing its planned 2022 drilling operations in Morocco as issues relating to security and cost of gas supply\u00a0 are set to be critical factors during the Energy Transition influencing the ability to deliver affordable energy.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">The strengthening of the Company&#8217;s financial resources facilitates the exercise of an option to drill using the Star Valley Rig 101 within a definitive time window following all regulatory, environmental and partner approvals. A rig inspection will be carried out shortly by the Company. The option covers drilling up to three wells in 2022.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">Civil works to construct the MOU-4 and MOU-5 well pads will commence following receipt of all outstanding regulatory, environmental and partner approvals.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">Rising costs of materials and services impacted by current tensions in Eastern Europe dictate that it is prudent to allow for cost inflation to maintain competitiveness in seeking quotes for well services and equipment and for maintaining aggressive drilling timelines.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">MOU-5 is now being prioritised ahead of MOU-4 for the first well in the drilling programme. Following desk-top modelling of seismic response to gas in MOU-1, two shallower gas targets additional to the primary &#8220;MOU-4 Fan&#8221; appraisal target have been identified at the MOU-5 well location. The shallowest of these targets had strong formation gas shows in MOU-1 (dry gas) and was penetrated in MSD-1 where good quality reservoir was logged.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">The MOU-NE prospective lead is being matured as a potential third well in the planned drilling programme. 2D seismic reprocessing over this feature will be completed by the end of\u00a0May 2022. The primary target following further desk-top studies is now anticipated to be a Lower Jurassic carbonate platform build-up with potential for leached porosity development covering potentially up to 100 sq. km., albeit within an area that lacks extensive seismic coverage. Dry gas shows were encountered in TFR-1X at the top of this interval. MOU-NE will potentially test the play concept some 1500+ metres higher than the TFR-1X structure in an area favourably located for gas charge from the MOU-1 Tertiary basin.\u00a0 It represents a high-risk target but an opportunity to test for Jurassic gas close to infrastructure at a drilling depth of less than 1,450 metres TVD KB.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">Additional funding allows the Company to further progress its: FSRU LNG import projects for Ireland and, potentially, Morocco; set-up the next CO2 EOR project in Trinidad; and further develop its concept to seek synergies for green hydrogen and natural gas hybrid developments.<\/span><\/p>\n<p class=\"bl\"><span class=\"aw\">Existing working capital is sufficient to meet the Company&#8217;s existing commitments and corporate overheads in 2022, including the testing of MOU-1 which will be synchronised with mobilising the well services and equipment for MOU-5 to reduce mobilisation and demobilisation costs. A quote for testing has been received from Schlumberger and has been reviewed.<\/span><\/p>\n<table class=\"bn\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"ab\" colspan=\"3\" valign=\"top\">\n<p class=\"bo\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0USE OF NET PROCEEDS<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bo\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 WORK PROGRAMME<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bo\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 REASONS<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bo\">\u00a0 COSTS (GBP)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">Advance payment to\u00a0Star Valley<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">To secure option to drill within an agreed time window and to carry out maintenance checks on Rig 101 ahead of planned drilling operations<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 275,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">Civil works MOU-4 and MOU-5<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Upon receipt of all regulatory, environmental and partner approvals build the well pads at MOU-4 and MOU-5<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 250,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">Well inventory purchases for MOU-4 and MOU-5<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">To cover increases due to rising costs of materials and services impacted by current political tensions in Eastern Europe<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 125,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">Update MOU-4 and MOU-5 well design<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Based on lessons learnt from MOU-1 and potential for cost savings<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 50,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">Mature MOU-NE prospect<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Based on results of 2D seismic reprocessing expected in May this year and prepare a scoping drilling proposal<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 60,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">CNG Morocco<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Environmental Impact Assessment for potential CNG pilot development at Guercif<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 50,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">CO2 EOR Trinidad<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Carry out maintenance check on CO2 EOR equipment and prepare desk-top study for implementation of CO2 EOR in Lease Operators PS-1 field onshore Trinidad &#8211; basis for negotiating terms for joint venture SPV for CO2 EOR operations<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a040,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">FSRU LNG and gas storage Ireland<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Prepare public relations document and programme for the National Energy Conference Croke Park Dublin 26 April 2022Complete capacity study with third-party owner of gas infrastructure<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">New Ventures<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Progress LNG FSRU options for Morocco<\/p>\n<p class=\"bp\">Progress synergies for green hydrogen and natural<\/p>\n<p class=\"bp\">gas co-developments<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 60,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<p class=\"bp\">\n<p class=\"bo\">TOTAL\u00a0GBP950,000<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"aa\" valign=\"top\">\n<p class=\"bp\">CURRENT WORKING CAPITAL<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">Current working capital is sufficient for the purposes of<\/p>\n<p class=\"bp\">existing commitments and corporate overheads through 2022 including discussions with potential farminees and gas purchasers<\/p>\n<\/td>\n<td class=\"z\" valign=\"top\">\n<p class=\"bp\">\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"bs\">\n","protected":false},"excerpt":{"rendered":"<p>Highlights\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00b7\u00a0\u00a0\u00a0\u00a0Secure option on rig to drill within a definitive time window\u00a0 \u00b7\u00a0\u00a0\u00a0\u00a0Planned construction of two well pads\u00a0 \u00b7\u00a0\u00a0\u00a0\u00a0Competitiveness in accessing well services and materials enhanced\u00a0 \u00b7\u00a0\u00a0\u00a0\u00a0Second gas target identified &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/morocco-predator-oil-gas-raises-1-035-million-for-drilling-operations\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11],"tags":[6098,10340,9424,1629,8542,10339,8541,2252,10338],"class_list":["post-12059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-north-africa","category-top-news","tag-cng","tag-fsru-lng","tag-guercif","tag-morocco","tag-mou-4","tag-mou-5","tag-predator-oil-gas","tag-schlumberger","tag-star-valley-rig-101","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/02\/morocco-guercif.jpg?fit=1767%2C1222&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-38v","jetpack-related-posts":[{"id":13068,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-predator-oil-gas-prepares-for-mou-2-drilling\/","url_meta":{"origin":12059,"position":0},"title":"MOROCCO: Predator Oil &#038; Gas Prepares for MOU-2 Drilling","author":"","date":"January 3, 2023","format":false,"excerpt":"Predator Oil & Gas Holdings has announced that the Star Valley Rig 101 is now on the MOU-2 well location. Final preparations are being made to commence drilling. A further update will be given, which is subject to partner approval, when MOU-2 reaches its intended pre-drill total depth of 1,500\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13719,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-star-valley-rig-101-to-commence-drilling-the-mou-3-well\/","url_meta":{"origin":12059,"position":1},"title":"MOROCCO: Star Valley Rig 101 to Commence Drilling the\u00a0MOU-3 well\u00a0","author":"","date":"June 2, 2023","format":false,"excerpt":"Predator Oil & Gas has announced that the Star Valley Rig 101 will commence drilling the MOU-3 well within the next 24 hours. A further update will be given, which is subject to partner approval, when MOU-3 reaches its intended pre-drill total depth of 1,500 metres TVD KB and prior\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9260,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-predator-oil-gas-provides-technical-update-for-mou-4-prospect\/","url_meta":{"origin":12059,"position":2},"title":"MOROCCO: Predator Oil &#038; Gas Provides Technical Update for MOU-4 Prospect","author":"","date":"October 5, 2020","format":false,"excerpt":"An independent third party technical update on the new MOU-4 Prospect has been completed. It confirms that the MOU-4 prospect is seismic amplitude-supported and covers an area of 38 km\u00b2. The MOU-4 Prospect is located 6 kilometres from the MOU-1 drill site and offers the opportunity for additional drilling whilst\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":10464,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-predator-oil-gas-commences-mou-1-drilling\/","url_meta":{"origin":12059,"position":3},"title":"MOROCCO: Predator Oil &#038; Gas Commences MOU-1 Drilling","author":"","date":"June 22, 2021","format":false,"excerpt":"Predator Oil & Gas Holdings Plc (PRD) has announced that the MOU-1 well was spudded at 0100 hours on Sunday 20th June 2021 with drilling ahead in progress to the first planned 133\/8\" casing point. The well is forecast to take up to 20 days to drill and to run\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10599,"url":"https:\/\/www.oilnewskenya.com\/index.php\/predator-oil-gas-raises-1-3m-for-mou-1-well-appraisal\/","url_meta":{"origin":12059,"position":4},"title":"Predator Oil &#038; Gas Raises \u00a31.3M for MOU-1 Well Appraisal","author":"","date":"July 20, 2021","format":false,"excerpt":"Predator Oil & Gas has announced that it has conditionally placed\u00a026,000,000\u00a0\u00a0new ordinary shares of no par value in the Company at a placing price of 5 pence each to raise \u00a31.3 million before expenses. The Company is intent on rapidly building upon the safe and successful MOU-1 drilling campaign to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Morocco-Predator-Oil-Gas.jpg?fit=1200%2C830&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13768,"url":"https:\/\/www.oilnewskenya.com\/index.php\/predator-oil-gas-commences-mou-4-drilling-operations\/","url_meta":{"origin":12059,"position":5},"title":"MOROCCO: Predator Oil &#038; Gas Commences MOU-4 Drilling Operations","author":"","date":"July 5, 2023","format":false,"excerpt":"Predator Oil & Gas\u00a0with near-term gas operations focussed on Morocco, is pleased to announce that the MOU-4 well commenced drilling on\u00a029 June 2023\u00a0at the start of the Eid holiday in Morocco. The well is currently setting the 95\/8\" casing. Predator is operator of the Guercif Petroleum Agreement onshore Morocco which\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/morocco-GUERCIF.jpg?fit=1200%2C830&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12059"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12059\/revisions"}],"predecessor-version":[{"id":12060,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12059\/revisions\/12060"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9901"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}