A busy few months lie ahead for Predator Oil & Gas, as it gears up to drill the potentially huge MOU-5 prospect in Morocco. Here to tell us about that, and about what else is going on at the company’s other assets, is chief executive Paul Griffiths.
Paul is sneaking out that the sandjet testing on MOU 1 and 3 has not worked. This information should be provided in an RNS, given how extensively PRD have talked about how crucial the sandjet testing is. Any further testing of the MOU 1 and 3 is pushed forward so investors instead will focus on the MOU-5 well. A well with 12% POS, a well which no other reasonable E&P would drill.
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Great Interview Paul, no wonder investors are getting so excitied about Preditor!
Paul is sneaking out that the sandjet testing on MOU 1 and 3 has not worked. This information should be provided in an RNS, given how extensively PRD have talked about how crucial the sandjet testing is. Any further testing of the MOU 1 and 3 is pushed forward so investors instead will focus on the MOU-5 well. A well with 12% POS, a well which no other reasonable E&P would drill.