RE: Trinidad21 Dec 2022 09:33
Special reference to bullet point 4
• Proven technology
• Proven oil production history and extensive database from previous operators Texaco and Shell
• Production growth potential is well understood and potentially material
• Not capital intensive – can accrete reserves through applying organic cash flow
• Reduce CAPEX and OPEX costs per barrel through upscaling
• Exclusivity for C02 Supply
Supply plus our developing C02 EOR understanding and expertise create the technical and commercial basis to evaluate the potential acquisition of FRAM Exploration Trinidad Ltd by 30 June 2019 and to develop other C02 EOR opportunities onshore Trinidad
• Carbon Market
Predator is positioning itself in the “C02 Sequestration Space” through C02 EOR in response to the European Commission Programme for Capacity Building related to Multi-lateral Environmental Agreements in African, Caribbean and Pacific countries, with the aim of fully taking part in the carbon market through capacity building