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Final Results.
About this update from Predator Oil & Gas Holdings Plc
[{"type":"text","content":"\n \n \n RNS Number : 8866L\n Predator Oil & Gas Holdings PLC\n 05 May 2020\n \n \n \n \n Predator Oil & Gas Holdings PLC\n \n \n 5 May 2020\n \n \n \n \n \n Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas\n \n \n \n \n \n Predator Oil & Gas Holdings Plc\n \n \n (\"Predator\" or the \"Company\" and together with its subsidiaries \"the Group\")\n \n \n \n Annual Report and Financial Statements for the Year Ended 31 December 2019\n \n \n \n \n Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland\n \n is pleased to announce its audited annual report and financial statements for the year ended 31 December 2019 (\"2019 Report\"), extracts of which are set out below. \n \n \n The Company's 2019 Report is being posted to shareholders over the coming weeks, allowing for production delays and restricted working practices caused by COVID-19.\n \n Copies of the Annual Financial Report will be available at the time of posting to download from the Company's website at \n \n \n www.predatoroilandgas.com\n \n \n .\n \n \n \n \n \n In addition, a copy of the 2019 Report will be uploaded to the National Storage Mechanism and will be available for viewing at \n \n \n http://www.morningstar.co.uk/NSM\n \n \n .\n \n \n \n \n \n The financial information set out below does not constitute the Company's statutory accounts for the year ending 31 December 2019.\n \n \n \n \n \n Key Activities in 2019\n \n \n \n \n \n Highlights include:\n \n \n \n \n \n · \n Formally signed the Guercif Petroleum Agreement (the \"Guercif PA\") and Association Contract with the \n Office National des Hydrocarbures et des Mines (\"ONHYM\") acting on behalf of the State, allowing the Company an entry into an attractive gas exploration and appraisal drilling and gas marketing opportunity in Morocco.\n \n \n · \n Commissioned independent competent's persons report (\"CPR\") for Guercif which estimates first of several prospects selected for drilling to hold 320 BCF of net recoverable prospective gas resources.\n \n \n · \n Entered into a rig option agreement with Canadian drilling contractor Star Valley Drilling Ltd. for Guercif drilling.\n \n \n · \n Advanced operational pla...