Predator Oil & Gas

What Predator Oil & Gas does

Predator Oil & Gas Holdings Plc is a Jersey-domiciled public limited company listed on the London Stock Exchange Main Market (LON:PRD) operating as an upstream oil and gas exploration and production business across three jurisdictions: Morocco, Trinidad, and Ireland. The company operates with no permanent employees, relying on a virtual consultancy model that keeps annual corporate running costs at approximately £950K. Its revenue model is bifurcated: in Trinidad, the company generates production revenues from the Bonasse and Goudron fields (and the Snowcap discovery on the Cory Moruga licence) under an operating arrangement with partner NABI, under which Predator receives 30% of gross sales revenues from existing production and 15% of new production until NABI recovers costs, with no exposure to field operating costs; its Morocco (Guercif Licence, 75% working interest with ONHYM carried) and Ireland (Corrib South, 50% with Theseus) assets are pre-revenue and intended for monetisation through appraisal, development, farm-out, or trade sale.

The company's core products centre on shallow biogenic Compressed Natural Gas (CNG) development in Morocco (with multiple reservoirs across MOU-1 through MOU-3), the giant Jurassic Titanosaurus MOU-5 prospect (P50 ~5.9 TCF recoverable, 2.5 km from the Maghreb Gas Pipeline), Trinidad oil production enhanced through CO2 Enhanced Oil Recovery (the only Proof of Concept for CO2 sequestration in Trinidad oil reservoirs, following the 2021 Inniss-Trinity pilot) and a patented chemical wax treatment technology (demonstrated 3x uplift in Saudi Arabian analogues), and the Corrib South offshore gas prospect (2P 212 BCF, 3P 452 BCF, 18 km from Corrib field infrastructure) in Ireland. Differentiated enabling technologies include Sandjet perforating for overcoming formation damage. The company targets government energy ministries and state-owned energy companies as regulatory counterparties, industrial energy consumers in Morocco (ceramics, heavy transport, power generation), and peer energy companies for farm-in/farm-out and trade-sale transactions, with capital raised through LSE placings (£3M in May 2026, £2M in November 2024, £1.2M in H1 2023, with £4.35M cash reported as of September 2024) on a cash-and-debt-free basis.

Name

Predator Oil & Gas

Legal name

Predator Oil & Gas Holdings Plc

Website

https://predatoroilandgas.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Predator Oil & Gas Holdings Plc is a Jersey-domiciled upstream oil and gas exploration and production company listed on the London Stock Exchange (LON:PRD), operating producing assets in Trinidad alongside pre-revenue exploration and appraisal assets in Morocco and Ireland.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration and Production

NAICS

Oil and Gas Extraction (211), Natural Gas Extraction (21113), Crude Petroleum Extraction (211120)

SIC

Crude Petroleum & Natural Gas (1311), Drilling Oil & Gas Wells (1381)

akta.pro primary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

akta.pro secondary industries

Drilling & Well Construction (E&P Operator-led) (EUALAAAD), Offshore E&P (Shallow/Deepwater, Subsea Production Systems) (EUALAAAI)

Keywords

• Oil and gas exploration
• Natural gas development
• Enhanced oil recovery
• Upstream hydrocarbons
• Carbon sequestration

Headquarters

HQ city

St. Helier

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Hydrocarbon Production (Trinidad): Predator generates production revenues from oil production in Trinidad's Bonasse and Goudron fields under operating arrangements with partner NABI. Predator receives 30% of gross sales revenues from existing production and 15% of new production until NABI recovers costs, with no exposure to field operating costs. April 2026 production revenues exceeded internal forecasts by 26%.
2. Gas Exploration and Development (Morocco): Morocco assets are in exploration/appraisal phase. Shallow biogenic gas (CNG development) and larger Titanosaurus Jurassic prospect are being progressed toward monetisation through development and potential farm-out or trade sale.
3. Gas Exploration (Ireland): Corrib South offshore exploration licence is held at 50% (partner Theseus 50%). Assets are in exploration/appraisal phase, subject to award of successor authorisation. Farm-out on successor authorisation agreed in principle in 2024.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels10 records

Core offering

Predator Oil & Gas Holdings Plc is an upstream oil and gas exploration, appraisal, development and production company operating a diversified portfolio of assets in Morocco (Guercif CNG and Titanosaurus gas prospects), Trinidad (Snowcap oil discovery, Bonasse and Goudron production via NABI operating arrangement, Cory Moruga licence) and Ireland (Corrib South offshore gas prospect). The company generates production revenue from Trinidad oil sales and is developing gas resources and CO2 sequestration capabilities in Morocco and Ireland for future monetisation through farm-outs, offtake, or pipeline gas-to-power supply.

Product overview

Predator Oil & Gas Holdings Plc is an upstream oil and gas exploration and production company operating a diversified portfolio of assets across Morocco, Trinidad, and Ireland. The company's product portfolio centers on four core areas: (1) CNG Development in Morocco's Guercif licence featuring shallow biogenic gas discoveries ideal for compressed natural gas monetization; (2) the Giant Titanosaurus Jurassic gas prospect with pipeline gas-to-power potential; (3) Snowcap oil discovery in Trinidad enhanced by CO2 EOR technology and patented wax treatments; and (4) Corrib South offshore gas prospect in Ireland. The company also offers innovative well technologies including Sandjet perforating for formation damage remediation. Operations span exploration, appraisal, development, and production phases with a focus on energy transition opportunities including CO2 sequestration.

Differentiator

Problem solved

Functional benefit

Products and services

• CNG (Compressed Natural Gas) Development - Guercif, Morocco Shallow biogenic CNG development across multiple traps and at least 4 separate reservoirs in the Guercif licence, designed for rapid transport-based monetisation via CNG-fuelled trucks targeting ceramics, heavy transport, and power generation customers in Morocco. Initial target of 400 mm cfgpd to displace imported fuel oil and coal.
• Titanosaurus Gas Prospect - Morocco Giant Jurassic thermogenic gas prospect in the Guercif licence evaluating 249m of potential gross reservoir thickness in a 187 km² trap, located 2.5 km from the Maghreb Gas Pipeline. P50 gas resources of approximately 5.9 TCF with identified helium potential, intended for pipeline gas-to-power development.
• Snowcap Oil Discovery - Cory Moruga, Trinidad Undeveloped oil discovery within the Cory Moruga licence onshore Trinidad with net resources of 1C 1.04m bo, 3C 1.84m bo, and 3P 19.51m bo. Predator plans to apply its patented chemical wax treatment to enhance well productivities.
• Bonasse and Goudron Oil Production - Trinidad Operating production from the Bonasse and Goudron fields under operating arrangement with partner NABI. Predator receives 30% of gross sales revenues from existing production and 15% of new production until NABI recovers costs, with no exposure to field operating costs. Production reached 367 bopd as of January 4, 2026.
• CO2 Enhanced Oil Recovery (EOR) Service - Trinidad CO2 EOR technology applied to mature Trinidad oil fields, combined with CO2 sequestration storage capacity evaluation. Predator is the only company in Trinidad with established Proof of Concept for CO2 sequestration and contributes expertise to the government's CO2 EOR Steering Committee supporting draft CCS legislation targeting a 15% CO2 emissions reduction by 2030.
• Corrib South Offshore Gas Prospect - Ireland Offshore exploration licence held 50/50 with Theseus representing Ireland's only remaining Contingent gas resources (2P 212 BCF, 3P 452 BCF net). Located 18 km from Corrib gas field infrastructure, may also provide gas and hydrogen storage options.

Quantifiable outcome

• 19% increase in daily oil production in Trinidad (reaching 367 bopd as of January 4, 2026)
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Caribbean Rex LtdminorStrategic or Co-development Partner · 21 January 2025Predator acquired a 51% stake in Caribbean Rex Ltd, gaining ownership of the Bonasse oil field in Trinidad. Acquisition cost USD170,000 including field facilities. Plans to apply new chemical wax treatments to enhance oil flow rates.
• ONHYM (Office National des Hydrocarbures et des Mines)coreStrategic or Co-development Partner · 1 March 2019ONHYM is Morocco's state oil company holding a 25% interest in the Guercif Licence. Predator holds 75% working interest with ONHYM carried through the exploration phase. ONHYM is given access to well site operations for skills and competency training, and the company pays annual training fees per the Guercif Petroleum Agreement and Moroccan Hydrocarbon Code.
• TheseuscoreStrategic or Co-development PartnerTheseus holds 50% interest in Corrib South offshore exploration licence in Ireland, co-held with Predator (50%). The Corrib South structure is located 18 km from the Corrib gas field and is the subject of a farm-out agreement on successor authorisation agreed in principle in 2024. A farm-in proposal from one of the Corrib gas field participants is pending award of successor authorisation.
• NABIcoreStrategic or Co-development PartnerUnder its operating arrangement in Trinidad, Predator receives 30% of gross sales revenues from existing production and 15% of new production until NABI recovers its costs, with no exposure to field operating costs.
• Challenger Energy Group PLCminorStrategic or Co-development PartnerIn November 2023, Predator completed the acquisition of 100% of issued shares of T-Rex Resources Limited, a wholly-owned subsidiary of Challenger Energy that held its 83.8% interest in and was operator of the Cory Moruga licence. Predator subsequently acquired the remaining 16.2% interest in 2024 for zero cash and share consideration with Ministry consent.
• Corrib Gas Field ParticipantscoreStrategic or Co-development PartnerA farm-in proposal has been received from one of the Corrib gas field participants regarding the Corrib South successor authorisation, to be enacted upon award of the successor authorisation. This is a pending strategic arrangement for the Ireland offshore asset.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Touchstone Exploration: LSE/TSX-listed small-cap E&P with primary operations onshore Trinidad. Highly comparable to Predator given overlapping Trinidad focus, similar size, and shared exposure to the same operating environment, regulatory framework, and partner ecosystem.
• Arrow Exploration: TSX-listed small-cap E&P focused on Trinidad and Colombia. Comparable in scale and business model to Predator, with similar production revenue dynamics and exposure to onshore Trinidad operational and fiscal conditions.
• Challenger Energy Group: LSE-listed small-cap E&P that previously held Cory Moruga interest divested to Predator in 2023. Highly comparable business model, jurisdiction mix, and stage of development, providing direct read-across on Trinidad asset economics.
• Empyrean Energy: LSE/AIM-listed small-cap E&P with diversified upstream interests across multiple geographies. Closely comparable to Predator's portfolio approach, scale, and pre-revenue exploration-stage asset base, with similar capital-raising profile.
• Eco (Atlantic) Oil and Gas: LSE/TSX-listed small-cap E&P focused on offshore Africa including Namibia and Guyana exposure. Comparable in scale, exploration-stage profile, and small-cap LSE/TSX dual-listing structure to Predator, though Predator adds Morocco onshore exposure.
• Afentra: LSE-listed small-cap upstream E&P focused on Africa, with a portfolio approach to acquisition and development of producing and exploration assets. Highly comparable in scale, capital structure, and strategy of acquiring stakes in producing assets while pursuing exploration upside.
• Panoro Energy: LSE/Oslo-listed small-cap E&P with West Africa production and exploration. Comparable in scale, geographic focus on emerging-market upstream, and balance of producing assets with exploration upside, though with more advanced production profile.
• Baron Oil: LSE-listed small-cap E&P with diversified upstream interests including operations in the UK and Latin America. Comparable size and stage of development, with similar capital-raising requirements and asset monetization strategy.
• Valeura Energy: TSX-listed small-cap gas-focused E&P operating in Thailand and Türkiye. Comparable in gas-weighted portfolio mix, focus on tight and unconventional gas development, and small-cap scale with similar growth profile.
• i3 Energy: LSE/AIM-listed small-cap upstream E&P with UK North Sea focus. Comparable in size, stage, and capital structure, with similar dynamics around small equity raises, asset-level decisions, and farm-out activity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PredatorOilGas
• YouTubeyoutube.com/channel/UCJsd4MmYLm1LkTFaV3SdQvg
• LinkedInlinkedin.com/company/predator-oil-and-gas-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Predator Oil & Gas