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IN BRIEF: Predator Oil & Gas records narrowed loss on lower costs

ALN

Predator Oil & Gas Holdings PLC - operator of Guercif petroleum agreement onshore Morocco and developer of onshore fields in Trinidad - Pretax loss in the first half of 2022 narrows to £599,789 from £758,128 a year before, as administrative expenses fall to £599,789 from £758,109. Generates no revenue in the period, unchanged from a year before. Intends to submit its Mag Mell FSRU project to the public consultation process, which will run until October 28. This follows several months of ‘intensive marketing’ of the project.

Current stock price: 8.50 pence

12-month change: up 70%

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