TIDMPRD

RNS Number : 4021R

Predator Oil & Gas Holdings PLC

29 June 2020

FOR IMMEDIATE RELEASE

29 June 2020

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")

Result of Annual General Meeting

At the Annual General Meeting of Predator Oil & Gas Holdings Plc (PRD), held earlier today, all resolutions were duly passed.

 
 Resolution                  For   % of Votes   Against   % of votes 
                                         cast                   cast 
 Receive the 2019 
  Accounts            74,243,926         100%         0           0% 
                     -----------  -----------  --------  ----------- 
 Re appointment of 
  Auditors            74,243,926         100%         0           0% 
                     -----------  -----------  --------  -----------

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:

 
 Predator Oil & Gas Holdings Plc                   Tel: +44 (0) 1534 834 600 
  Dr. Stephen Staley Non-executive Chairman         Info@predatoroilandgas.com 
  Paul Griffiths Chief Executive Officer 
 
 Novum Securities Limited                          Tel: +44 (0) 207 399 9425 
  Jon Belliss 
 
  Optiva Securities Limited                         Tel: +44 (0) 203 137 1902 
  Christian Dennis 
 
 Flagstaff Strategic and Investor Communications   Tel: +44 (0) 207 129 1474 
  Tim Thompson                                      predator@flagstaffcomms.com 
  Mark Edwards 
  Fergus Mellon

Notes to Editors:

Predator is an oil and gas exploration company with the objective of participating with FRAM Exploration Trinidad Ltd. in further developing the remaining oil reserves in the producing Inniss Trinity oil field onshore Trinidad, primarily through the application of C02 EOR technology. Potential for cash flow exists by executing a Pilot Enhanced Oil Recovery project using locally sourced liquid carbon dioxide for injection into the oil reservoirs ("C02 EOR"). Near-term expansion and growth potential is focussed on upscaling the C02 EOR operations in the Inniss-Trinity oil field and potential acquisitions of assets suitable for C02 EOR development, subject to all necessary approvals.

In addition, Predator also owns and operates exploration and appraisal assets in current licensing options offshore Ireland, for which Successor Authorisations have been applied for, adjoining Shell's Corrib gas field in the Slyne Basin on the Atlantic Margin and east of the Kinsale gas field and Barryroe oil field in the Celtic Sea.

Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is initially prospective for Tertiary gas in prospects less than 10 kilometres from the Maghreb gas pipeline.

The Company has a highly experienced management team with a proven track record in the oil and gas industry.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 29, 2020 08:03 ET (12:03 GMT)

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