• Up to 200MMscfd gas to industry opportunity in Morocco
• Replacing more expensive and CO2 emitting LPG
• 295BCF (2C) in Guercif permit onshore Morocco
• Multifold upside from yet undrilled prospective in permit
• Competitive advantage from capital-light phased development approach
• 3-month re-rating to 15p after flow-testing discovery well, and two appraisal wells in June/July 2023
• 12-month target of 25p with first gas of 1MMscfd in May/July 2024 ramping-up rapidly to 10MMscfd
• Furt ....
31 May 2023
Predator Oil & Gas Holdings PLC - Initiation of Coverage - Buy Target Price 0.25 Pence
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Predator Oil & Gas Holdings PLC - Initiation of Coverage - Buy Target Price 0.25 Pence
Predator Oil & Gas Holdings Plc (PRD:LON) | 3.2 0 4.1% | Mkt Cap: 21.6m
- Published:
31 May 2023 -
Author:
Lionel Therond -
Pages:
42 -
• Up to 200MMscfd gas to industry opportunity in Morocco
• Replacing more expensive and CO2 emitting LPG
• 295BCF (2C) in Guercif permit onshore Morocco
• Multifold upside from yet undrilled prospective in permit
• Competitive advantage from capital-light phased development approach
• 3-month re-rating to 15p after flow-testing discovery well, and two appraisal wells in June/July 2023
• 12-month target of 25p with first gas of 1MMscfd in May/July 2024 ramping-up rapidly to 10MMscfd
• Furt ....