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Oilman Jim's Private Blog


Predator Oil & Gas - Guercif Drilling Team Update

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company, is pleased to provide a further update on its drilling plans for the Guercif Permits I, II, III and IV ("Guercif") onshore Morocco. Predator (75%) operates Guercif in joint venture with the Office National des Hydrocarbures et des Mines ("ONHYM") acting on behalf of the State (25%).

Project Manager Drilling Appointed

Predator Gas Ventures Ltd. ("PGVL"), a wholly owned subsidiary of the Company with a Moroccan Branch, has appointed, Moyra Scott as consultant Project Drilling Manager, reporting to the Chief Executive Officer, to execute its Guercif drilling operations.

Ms. Scott has 25 years oil and gas experience as a Senior Drilling Engineer and Drilling Manager working on offshore and onshore projects in North Africa. East Africa and the North Sea for Tullow, BP, Lundin, Wintershall, Apache and SDX Energy.

Critically Ms. Scott has relevant and practical experience, through SDX Energy's 2014 drilling programme in the Rharb Basin, of the drilling conditions likely to be encountered in the geologically analogous, much larger gas targets, which are the subject of the Company's Guercif drilling programme.

Ms. Scott has a BSc. in Geology from the world-renowned Imperial College, and is an Associate of the Royal School of Mines, together with an MSc in Petroleum Engineering from the equally well-known Heriot-Watt University.

Paul Griffiths, CEO of Predator Oil & Gas Holdings Plc said:

"The Company is delighted to have attracted someone of Moyra's exceptional calibre and experience to manage its drilling operations. It further demonstrates the attractiveness of the value proposition the Company is developing at Guercif and the potential seen by others for "running room" based on a successful drilling campaign. Logistical planning has commenced and well services are being sourced. Moyra's specific experience in this area of Morocco allows the Company to confidently plan and execute its drilling operations both cost-effectively and in a manner that maximises the chance of success whilst minimising operational risks."

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