Predator Oil & Gas Holdings Plc, which has assets in Morocco, has commenced the rigless testing operations at the MOU-3 well at Guercif
Planned over a period of 10 days, the operations will include perforating and testing of the shallow 'A' Sand.
Predator's assets in Morocco boasts of highly prospective onshore gas exposure and production. The asset holds unique value for the company in terms of CNG development, as it unlocks easy access to shallow biogenic gas.
Moroccan gas prices lead in a competitive market, with one of the most attractive fiscal terms in the world.
Predator has an experienced management team with particular knowledge of the Moroccan sub- surface and operations.
Predator begins testing for gas presence in Morocco
The operations will include perforating and testing.
