Paul Griffiths, CEO of Predator Oil & Gas Holdings PLC (PRD.L) Interview

Predator Oil & Gas Holdings Plc (Predator), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco and Ireland, announced that the Ministry of Energy and Energy Industries (“MEEI”) has given a WO1 Approval Notification for the restoration, by means of a well workover, of the AT-5X CO2 injection well to oil production.

Approval has also been granted by the MEEI to commence injecting CO2 into the AT-13 well in the AT-4 Block in the Inniss-Trinity field.
 

 

As announced previously, approval has also been granted by the MEEI for the commissioning and use of Predator’s dedicated CO2 Recovery system at the FRAM Exploration Gathering Station #4 in the Inniss-Trinity field.

Paul Griffiths, Chief Executive of Predator, commented:

“The announcement today completes the approval procedures necessary for entering into the extended phase of CO2 injection and simultaneous oil production for the Pilot CO2 EOR Project. We are pleased to have progressed matters to completion despite the COVID-19 constraints. We are demonstrating our ability to work together with our excellent in-country team of partners to maintain operational progress through adversity to deliver results.”


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