Predator Oil & Gas Holdings Plc Updates on Sales Revenues and Drilling Plans
Predator Oil & Gas Holdings Plc has provided an update on its sales revenues and drilling plans. In the first half of 2026, the company sold 52,130 barrels of oil from its Icacos and Bonasse fields in Trinidad, as well as the Goudron and Inniss-Trinity fields under a production services contract.
The net petroleum revenue for this period was £1,522,877 before operating costs. The company has invested in improving field infrastructure and access to old shut-in wells, with notable success at the GY 664 well in the Goudron field.
Predator is also making progress on its drilling plans, with civil engineering works underway for the Snowcap-3 well pad and production facilities in Trinidad. In Morocco, the company has completed civil engineering works for the MOU-6 well pad, with explosives for perforating guns now en route to the country.
Predator's CEO, Paul Griffiths, commented that preparations for drilling the Snowcap-3 well are proceeding smoothly and on schedule, with expectations to announce a commencement date for the MOU-6 well operations in Morocco within the next two weeks.