We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPredator Oil Share News (PRD)

Share Price Information for Predator Oil (PRD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 10.00
Bid: 9.50
Ask: 10.50
Change: 0.00 (0.00%)
Spread: 1.00 (10.526%)
Open: 10.00
High: 10.00
Low: 10.00
Prev. Close: 10.00
PRD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Softcat Cancels Interim Dividend Payout

Tue, 31st Mar 2020 18:31

(Alliance News) - The following is a round-up of updates by UK companies on the impact of the Covid-19 pandemic, issued on Tuesday and not separately reported by Alliance News:

----------

Softcat PLC - infrastructure services - cancels interim dividend of 5.4 pence per share in order to protect cash position.

----------

Castings PLC - iron castings and machining - Unable to predict impact on business for 2021 financial year. Experienced lower output levels in third quarter of year ended March 31. Expected increased demand in final quarter, but outbreak affecting truck sector significantly. Reduced production levels to meet lower demand.

----------

Mkango Resources Ltd - rare earth minerals - Remains focused on feasibility study for Songwe Hill rare earths project in Malawi, but now expects completion of study in second half of 2021.

----------

Leeds Group PLC - fabrics distribution - Activities in Germany severely affected by country wide lockdown. Expects to report substantial loss for year ending May 31.

----------

Ingenta PLC - software and services - Postpones publication of 2019 results, expects to report revenue of GBP10.9 million, and adjusted earnings before interest, taxes, depreciation and amortisation at GBP1.3 million. Revenue for 2018 was GBP12.0 million, while adjusted Ebitda was GBP769,000.

----------

Phoenix Global Resources PLC - Argentine-focused upstream oil & gas - Reducing its capital expenditure programs and exploring other cost saving methods. Plans to restructure the existing convertible credit facilities agreements with Mercuria Energy Netherlands.

----------

Horizonte Minerals PLC - nickel exploration - expects to publish 2019 results within 45-day extension period starting from March 31.

----------

Regional REIT Ltd - property investor - Confirms fourth quarter dividend payment of 2.55 pence per share. Rent collected for first quarter of 2020 lower year-on-year.

----------

Predator Oil & Gas Holdings PLC - oil & gas - Enhanced oil project in Trinidad remains on-track for revenue growth, with project economics still attractive despite low oil prices. Rig for drilling Guercif proposect in Morocco stored in yard, ready to be used when travel restrictions are lifted. Still plans to issue 2019 accounts by end of April.

----------

RPS Group PLC - professional services - Annual general meeting to still take place on April 30.

----------

AfriTin Mining Ltd - tin mining - Uis tin mining suspended due to 21-day Namibia lockdown, but will continue feeding the processing plant from the run-of-mine stockpile during this period.

----------

Trafalgar Property Group PLC - property development and hydroponics - Continues discussions for sale of three unit development in Ashtead Surrey, ceases move to acquire land at Staplehurst, UK. Will not raise funds to develop hydroponics strategy until it can be completed at suitable price.

----------

Science Group PLC - science-based consultancy - Trading in first quarter of 2020 in line with expectations, product development business Sagentia a part of UK government's Rapidly Manufactured Ventilator System. Manufacturing contract in negotiation stages. Underlying outlook unpredictable.

----------

Empyrean Energy PLC - oil & gas - Gaffey Cline & Associates to publish updated Competent Persons Report for Mako gas field in Indonesia despite travel restrictions. Seismic inversion work on block 29/11 offshore China not delayed by outbreak. Drilling of first well still scheduled between December 2020 and May 2021, but subject to revision.

----------

Aquila European Renewables Income Fund PLC - renewable energy investment - Affirms ability to meet planned 2020 dividend payout, no project development risk for existing investments due to current market conditions.

----------

Jersey Electricity PLC - Jersey-focused electricity supply - Defers planned 2.5% tariff rise which was to take effect from April 1, leading to estimated cost of GBP1 million for second half of financial year ending September 30. Expects to publish interim results in mid-May.

----------

PureCircle Ltd - stevia sweetners - Expects to delay publishing of results for six months to end of December. Publishes results for year ended June 30, 2019. Pretax loss widens to USD72.2 million from USD3.4 million, on revenue down by 2.1% to USD124.0 million.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
10 Apr 2024 13:46

Predator Oil loss widens amid increase in activity in Morocco

(Alliance News) - Predator Oil & Gas Holdings PLC on Wednesday said that its loss widened in 2023, as a result of an increase in drilling activity in Morocco.

Read more
20 Feb 2024 13:35

Predator Oil & Gas down after facing formation damage at Moroccan site

(Alliance News) - Shares in Predator Oil & Gas Holdings PLC dropped on Tuesday after the company said that testing at its Moroccan gas asset encountered "potentially deep" formation damage.

Read more
5 Feb 2024 17:35

TRADING UPDATES: Gaming Realms expects to report annual revenue boost

(Alliance News) - The following is a round-up of trading updates for London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
26 Jan 2024 13:36

IN BRIEF: Predator O&G to begins rigless testing in Morocco next week

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company focussed on Morocco, Trinidad, and Ireland - Says it expects to begin its rigless testing programmes onshore Morocco on or around Monday next week. The testing programme is forecast to last for up to 14 days. Also provides update on its Guercif block following an independent technical report by Scorpion Geoscience Ltd. Says the report gives unrisked P50 and P10 contingent recoverable gas resources of 109.28 and 234.42 billion cubic feet respectively net to Predator. Notes P50 and P10 Prospective recoverable gas resources of 139.67 and 312.16 billion cubic feet respectively net to Predator. Says the report for scoping potential compressed natural gas development gives undiscounted positive cash flow of USD207.5 million net PRD's economic interest with an internal rate of return of 138%. Also says it is fully funded for all 2024 firm commitments.

Read more
12 Jan 2024 09:54

Predator Oil expects profit boost from well workovers

(Alliance News) - Predator Oil & Gas Holdings PLC on Friday said it was fully funded for all 2024 firm commitments.

Read more
30 Nov 2023 11:25

Predator Oil says exploration permit extension unexpectedly delayed

(Alliance News) - Predator Oil & Gas Holdings PLC on Thursday said it is remobilising its testing team as it expects to receive a joint ministerial order allowing an extension of its exploration licence, following "unforeseen" issues.

Read more
7 Nov 2023 18:11

TRADING UPDATES: Actual Experience appoints administrators

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
5 Oct 2023 13:49

Predator Oil opens discussions to sell gas from Guercif well-head

(Alliance News) - Predator Oil & Gas Holdings PLC on Thursday said that it has opened exploratory discussions with a group focussed on the downstream energy business to potentially sell its share of gas produced at Guercif's well-head.

Read more
19 Sep 2023 19:44

IN BRIEF: Predator Oil & Gas loss widens as administrative costs jump

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Reports pretax loss of GBP2.4 million in the six months to June 30, widened from GBP599,789 the year before. Administrative expenses increased nearly fourfold to GBP2.3 million from GBP599,879. Basic loss per share totalled GBP0.592 compared to GBP0.219. Says cash balance at period end was GBP1.0 million compared to GBP3.3 million before. The outlook for the remainder of 2023 will see the rigless testing programme in Morocco initiated and completed and, subject to results, the CNG development plan being progressed targeting "First Gas" in 2024, company adds.

Read more
11 Sep 2023 11:30

IN BRIEF: Predator Oil & Gas operations not affected by Morocco quake

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Confirms its operations in north-east Morocco are not within the zone affected by the recent earthquake. Expresses sympathy for those affected, noting it has worked in Morocco for "many years". Predator operates the Guercif petroleum agreement onshore Morocco, which is prospective for tertiary gas less than 10 kilometres from the Maghreb gas pipeline.

Read more
30 Aug 2023 12:18

Predator Oil & Gas "active on three fronts" as updates on operations

(Alliance News) - Predator Oil & Gas Holdings PLC on Wednesday provided an update to its recent operations, including a rigless testing programme in Morocco, and the sale of the Cory Moruga asset in Trinidad.

Read more
1 Aug 2023 14:17

IN BRIEF: Predator Oil raises GBP10 million for rigless testing work

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Raises GBP10 million through placing of 90.9 million new shares priced at 11 pence each. On Monday, Predator had announced plans to raise GBP7 million. Says net proceeds will be used for completion of an extended rigless testing programme for MOU-1, MOU-3 and MOU-4, commencement of CNG development studies and tendering for long lead items, residual MOU-4 well costs and general working capital.

Read more
31 Jul 2023 17:37

TRADING UPDATES: Predator Oil plans fundraise for rigless testing work

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
13 Jul 2023 12:02

IN BRIEF: Predator says gas reservoir at MOU-4 likely; shares soar

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Says 64 metres of gas has been interpreted by the National University of Technology's wireline log analysis at the MOU-4 well. Says it is likely that there is a gas reservoir at the top of the Jurassic carbonate target.

Read more
11 Jul 2023 11:43

CORRECT: Predator Oil & Gas sees shares fall on well data analysis

(Correcting title to clarify that no well testing has been completed yet).

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.