Predator Oil & Gas Holdings PLC (LSE: PRD), the Jersey-based oil and gas company with producing operations and exploration activity in Trinidad and Morocco, has released a broadcast interview with Chief Executive Paul Griffiths dated 22 October 2026. The interview addresses shareholder questions raised at the company's AGM, summarises key points from the AGM presentation, and covers the recent placing and market reaction. Griffiths also outlined the group's plans going forward, with the video available on Predator's website under the Media section and via YouTube.

Key Points

  • Predator Oil & Gas Holdings PLC (LSE: PRD) is a Jersey-based oil and gas company focused on Trinidad and Morocco
  • Chief Executive Paul Griffiths has released a broadcast interview responding to AGM shareholder questions and summarising the recent placing
  • Financial terms of the placing and forward guidance were not separately disclosed within this announcement
  • Investors may be watching for further updates on the MOU-1 and MOU-3 well structures in Morocco and Trinidad production enhancement progress

Paul Griffiths Responds to Shareholder AGM Questions on Placing and Market Reaction

The broadcast interview sees Paul Griffiths address questions raised by shareholders at Predator's AGM, covering the company's recent placing and the market's reaction to it. The announcement states that Griffiths also summarised the main points from the AGM presentation and set out the group's plans going forward. The interview is accessible via YouTube and will remain available on the company website under the Media section. The company did not disclose specific financial terms of the placing or management commentary figures within this announcement, directing investors to the video itself for full detail.

Morocco's MOU-1 and MOU-3 Wells Remain Central to Predator's Commercialisation Plans

The announcement's accompanying notes highlight that Predator's Moroccan portfolio centres on the structure penetrated by the MOU-1 and MOU-3 wells, which the company defines as having its best hydrocarbon potential. Morocco is described as offering a potentially faster route to commercialisation through CNG or micro-LNG development, aided by gas export infrastructure adjacent to the well structures. The disclosure notes that Moroccan gas prices are high and fiscal terms are described as among the best globally. Predator states it is committed to partnering with entities capable of supporting a future development decision, with collaboration agreements and memoranda of understanding already executed.

Trinidad Portfolio Delivers Producing Revenue Under NABI Construction Services Agreement

In Trinidad, Predator holds a portfolio of onshore producing fields within a mature hydrocarbon province with over 50 years of production history. Under a Master Services Agreement with local operator NABI Construction, Predator receives 30% of gross sales revenues while being relieved of direct operating costs and drilling execution burdens. The announcement states that significant legacy tax losses allow the company to reduce its effective Petroleum Profit Tax rate from 50% to approximately 12.5%, improving per-barrel margins. Production enhancement, infill development, and appraisal drilling are identified as further opportunities across the Trinidad asset base.

Low-Overhead Strategy and M&A Capability Support Predator's Competitive Positioning

Predator's stated strategy is to operate at a materially reduced overhead compared with peers holding similar asset portfolios, which the company positions as a competitiveness advantage. The announcement highlights that the management team carries specific technical, financial, and legal expertise across both the Moroccan and Trinidad sub-surface environments. The group also emphasises its ability to complete merger and acquisition transactions in Trinidad and secure regulatory approvals efficiently. Investors may be watching for further operational updates on both asset bases as the company progresses its dual-jurisdiction strategy.