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Predator Oil & Gas Holdings (PRD) investor relations material
Predator Oil & Gas Holdings H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 oil sales totaled 52,130 barrels from Trinidad fields, generating net petroleum revenue of £1,522,877 before costs.
Significant investments were made in field infrastructure and well workovers, notably GY 664, which produced 30–32 bopd in August.
Drilling preparations for Snowcap-3 in Trinidad and MOU-6 in Morocco are progressing on schedule, with critical equipment for MOU-6 already delivered.
Financial highlights
Net petroleum revenue for H1 2026 was £1,522,877 before operating costs, based on gross oil production of 52,130 barrels.
Outlook and guidance
Drilling operations for Snowcap-3 in Trinidad and MOU-6 in Morocco are expected to commence soon, with well testing in Morocco seen as a catalyst for commercial deals and financing.
Management emphasizes maintaining a strong balance sheet and retaining equity and operatorship during high-risk development stages.
- Revenue-generating growth driven by Trinidad acquisitions and Moroccan gas project progress.PRD
H2 2025 - Fully funded for 2025, advancing major Morocco gas, Trinidad oil, and Ireland gas projects.PRD
Investor update - Production growth in Trinidad and Moroccan gas assets support flexible divestment and value creation.PRD
Status update - Losses reduced, cash strong, and Moroccan and Trinidadian projects set for near-term growth.PRD
H1 2024 - Reduced losses, robust funding, and key operational milestones position for 2025 growth.PRD
H2 2024 - Fully funded, debt-free, with new Trinidad oil revenues and Moroccan gas potential unlocked.PRD
H1 2025
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