Business
Trinidad Increased Production
Predator Oil & Gas Holdings Plc has announced a significant increase in Trinidad production, with daily oil output rising 19% to 367 barrels of oil per day as of January 4, 2026, up from 308 barrels per day on November 30, 2025. This improvement is attributed to the completion of the BON-17 development well in the Bonasse field, which established a new producing horizon with a lower water cut, and the GY-211 workover in the Goudron field, which initially flowed 221 barrels of oil in 14 hours from a previously abandoned interval. The company also highlighted its fully-funded 2026 work program, which includes drilling a high-potential infield development well and two heavy workovers in the Goudron field within the next month, and noted the strategic geopolitical importance of the oil and gas region. Disclaimer*
About this update from Predator Oil & Gas Holdings Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\n \n7 January 2026\n \n Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas\nPredator Oil & Gas Holdings Plc\n(\"Predator\" or the \"Company\" and together with its subsidiaries \"the Group\")\n \n Trinidad increased production\n \nHighlights\n \n· Daily oil production increased by 19% during the last month\n \n· GY-211 workover in Goudron field initially flowed 221 bopd\n \n· BON-17 in Bonasse field established new producing horizon\n \n· High-potential infield development well and two heavy workovers in Goudron field to commence within the next month\n \n· Fully-funded 2026 work programme\n \n· Strategic geopolitical importance of oil and gas region emphasised by recent events\n \nPredator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with producing hydrocarbon operations focussed on Trinidad and Morocco, is pleased to announce a significant increase in Trinidad production following the completion of drilling and heavy workover operations ahead of schedule in the Bonasse and Goudron fields.\n \nAs at 4 January 2026\n \n· Daily oil production up at 367 bopd at 04/01/26 (308 bopd at 30/11/25).\n \n· B0N-17 development well in the Bonasse field completed.\n \nBON-17 established a new producing interval, with a lower water cut (20%), at only 120 feet measured depth.\n \n· GY-211 heavy well workover in the Goudron field completed.\n \nThe interval from 2,603 to 2,868 feet was abandoned by the legacy operator in 1977 and plugged off.\n \nThe plug was penetrated on the 16th December 2025 resulting in an output of 221 barr...