Predator Oil & Gas completes drilling of gas formation MOU-1

MOROCCO – Predator Oil & Gas, the Jersey-based oil and gas company, has announced completion of the drilling of MOU-1. The occurrence of good gas shows in MOU-1 with evidence of thermogenic gas migration supports in this part of the Guercif Basin the pre-drill geological interpretation for a deep gas “kitchen” connected to shallower reservoirs by large faults. Based on these positive results the Company will be proposing to its partner to drill the previously defined MOU-4 location later this year to the northeast of MOU-1, and to commission an…

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