RE: YOU LET ALL LTH DOWN PAUL - HOPE YOUR HAPPY WITH YOURSELF7 Feb 2020 15:28
Predator has a 75% interest in the Guercif Licence together with its partner ONHYM, the State oil company.
In the Initial Period, the work programme comprises 250 kilometres of 2D seismic reprocessing and AVO analysis and the drilling of one well to a minimum depth of 2,000 metres. Desk-top geological and gas marketing studies will also be carried out. Seismic reprocessing costs are estimated to be US$150,000 and well costs US$2,000,000