Predator Oil & Gas Holdings, the Jersey-based oil and gas enterprise, announced promising initial drilling results for its MOU-3 well, revealing the detection of two new potential gas reservoirs. The development is part of the Moulouya Fan primary reservoir target within the Guercif Petroleum Agreement onshore in Morocco. According to the company’s statement, drilling operations have been progressing as planned and the costs have remained within the forecasted estimates of the company’s pre-drill working capital. The drilling operations have discovered a significant drilling break between depths of 339 and 350 meters, identified as the gas source. With these encouraging findings, … Continue reading Predator Oil & Gas Reveals Promising Potential with Discovery of New Gas Reservoirs in Morocco