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:
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