Predator Oil & Gas Accelerates Moroccan Gas Exploration, Seeks Downstream Partnerships While Anticipating Favorable Test Results to Boost Stock Value. Early summer brought a surge of anticipation in the energy sector as Predator Oil & Gas embarked on exploratory endeavors in Morocco.
Last week, the company unveiled a significant development in its North Africa operations. Predator has initiated discussions with a downstream energy-focused group to potentially sell its share of the gas produced at the Guercif wellhead in Morocco, pending approval of a Compressed Natural Gas (CNG) development plan.
Predator Oil & Gas currently holds the Guercif petroleum agreement in Morocco, a location rich in potential for tertiary gas, situated within 10 kilometers of the vital Maghreb gas pipeline.