Predator Oil & Gas Provides Update on Pilot CO2 EOR Project in Trinidad

Predator Oil & Gas Holdings Plc is a Jersey-based company, which is engaged principally in oil and gas business activities in the Republic of Trinidad and Tobago, Morocco and Ireland. These activities include licensee acquisitions; potential acquisitions of companies; operation of exploration and appraisal drilling, and the planning and execution of future development projects. Trinidad lies within the Eastern Venezuelan Basin, which is an oil province in the world. Its Inniss Trinity field lies in the southern part of Trinidad. Its Corrib South lies only 20 kilometers (km) south of the Corrib subsea gas gathering manifold. Its Guercif Licence (Guercif) is located onshore Morocco and comprises four exploration permits, I, II, III and IV. It covers an area of 7,269 square kilometers (km2) and lies approximately 250 kilometers due east of and on trend with the Rharb Basin. Its Cory Moruga licence (Cory Moruga) is located onshore Trinidad.