Earnings release
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RNS Number : 3196SPredator Oil & Gas Holdings PLC27 August 2026 FOR IMMEDIATE RELEASE 27 August 2026 Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas Predator Oil & Gas Holdings Plc("Predator" or the "Company" and together with its subsidiaries "the Group") Update on sales revenues and drilling plans Highlights · H1 2026 oil sales 52,130 barrels · Net petroleum revenue (before costs) £1,522,877 · Snowcap-3 and MOU-6 drilling preparations on schedule Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey-based Oil and Gas Company with producing hydrocarbonoperations and exploration activity focussed on Trinidad and Morocco,announces the following update. Sales oil revenue H1 2026 (01.01.26 - 30.06.26) Gross oil production of 52,130 barrels was sold from the Icacos and Bonasse fields (Ministry licences) and theGoudron and Inniss-Trinity fields (Enhanced Production Services Contract) for net petroleum revenue of£1,522,877 (before operating costs). Significant investment has been made in improving field infrastructure and access to old shut-in wells. The wellworkover of GY 664 in the Goudron field has given excellent results to date, with steady production duringAugust of between 30 to 32 bopd. Drilling preparations In Trinidad civil engineering works for the Snowcap-3 well pad and production facilities are progressing onschedule. In Morocco civil engineering works for the MOU-6 well pad have now been completed. Explosives for the perforating guns necessary for well testing MOU-6, subject to the completion of the drillingprogramme and an evaluation of the wireline logs, have arrived in the Moroccan port of entry. This is the mostcritical long-lead item for determining the timing of rig mobilisation. Admission to trading update In accordance with the Financial Conduct Authority's Prospectus Rules, Predator confirms that further to the announcementof 20 January 2026, the 128,571,419 new ordinary shares of no par value in the Company were admitted to trading on theMain Market of the London Stock Exchange on 23 January 2026. 1) Name and LEI Predator Oil & Gas Holdings PLC213800L7QXFURBFLDS54 2) Regulated Market London Stock Exchange - Main Market 3) Name, type and ISIN Ordinary Shares of no par valueJE00BFZ1D698 4) Number of further securities issued and admitted 128,571,419 5) Total number of securities in issue followingadmission 814,857,814 6) Fungibility Fully fungible with existing OrdinaryShares 7) Date of Admission 23 January 2026 8) Prospectus Information N/A
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In addition, the Company confirms that further to the announcement of 15 May 2026, the 85,714,286 new ordinary sharesof no par value in the Company were admitted to trading on the Main Market of the London Stock Exchange on 20 May2026. 1) Name and LEI Predator Oil & Gas Holdings PLC213800L7QXFURBFLDS54 2) Regulated Market London Stock Exchange - Main Market 3) Name, type and ISIN Ordinary Shares of no par valueJE00BFZ1D698 4) Number of further securities issued and admitted 85,714,286 5) Total number of securities in issue followingadmission 900,572,100 6) Fungibility Fully fungible with existing OrdinaryShares 7) Date of Admission 20 May 2026 8) Prospectus Information N/A Paul Griffiths, Chief Executive Officer of Predator Oil & Gas Holdings Plc commented: "Preparations for drilling the Snowcap-3 well in Trinidad are proceeding smoothly and on schedule. We expect to have the date for the commencement of the MOU-6 well operations in Morocco within the next twoweeks on current schedule. Successful well testing with flow of hydrocarbons is the catalyst for finalising commercial deals and financingarrangements for development based on potentially attractive revenue forecasts. Speculating with regard to sucharrangements at this time is mis-guided. We have demonstrated financial strength by always maintaining anadequate balance sheet. That has made it possible for us to retain our original equity in our projects andoperatorship and control thereof during the higher risk stage of portfolio development over several years. This iswhat has attracted parties to our well-managed operations. This is combined with a recognition of our ability toexecute drilling programmes with a low operating overhead and significant growth potential within the assetsunder our management. This strengthens our negotiating position when it comes to the most critical part of the oiland gas cycle - monetisation." Follow the Company on X@PredatorOilGas. This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No596/2014 on market abuse. For more information please visit the Company's website at www.predatoroilandgas.com: Enquiries: Predator Oil & Gas Holdings Plc Paul Griffiths Chief Executive Officer Tel: +44 (0) 1534 834 600 info@predatoroilandgas.com AlbR Capital Limited David Coffman / Jon Belliss OAK Securities Jerry Keen Tel: +44 (0)207 469 0930 Tel: +44 (0) 20 3973 3678 Flagstaff Strategic and Investor Communications Tim Thompson Alison Alfrey Fergus Mellon Tel: +44 (0)207 129 1474 predator@flagstaffcomms.com
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Notes to Editors: Predator is an oil & gas company with a portfolio of assets including unique and highly prospective onshoreMoroccan gas exposure and production, appraisal and exploration projects onshore Trinidad. Morocco offers a potentially faster route to commercialisation of shallow biogenic gas through a CNG or micro-LNG development. The structure penetrated by the MOU-1 and MOU-3 wells is currently defined as having thebest hydrocarbon potential and remains key focus for further appraisal and potential development. TheCompany is committed to partnering with entities capable of supporting a future development decision and whohave already identified the opportunity as one warranting the execution of a Collaboration Agreement and aMemorandum of Understanding. Moroccan gas prices are high, and the fiscal terms are some of the best in theworld. The presence of gas export infrastructure adjacent to the MOU-1 and MOU-3 structure allows for ascalable gas development after initial CNG or micro-LNG gas production over time establishes the extent ofconnected gas volumes and the capability of reservoirs to deliver at plateau rates over time. Trinidad offers the security of a mature onshore oil province that has been producing hydrocarbons for over 50years. Predator has assembled a portfolio of onshore producing fields with opportunities for productionenhancement and additional infill development and appraisal drilling. Significant legacy tax losses, economies ofscale and the application of new low-cost technologies are factors that can improve profit margins per barrel ofoil produced. A Master Services Agreement with local operator NABI Construction relieves the Company of theburden and costs of operating the fields and executing drilling and heavy well workovers. In return the Companyreceives 30% of gross sales revenues for which it can use its acquired tax losses to substantially reduce PetroleumProfit Tax from 50% to an effective rate of 12.5%. Predator has an experienced technical, financial and legal management team with particular knowledge of theMoroccan and Trinidad sub-surface and operations and an ability to complete M & A transactions in Trinidad andreceive regulatory approvals in a timely manner and without any unnecessary advisory fees for transactions. TheCompany's strategy is to operate at a much reduced overhead compared to other operators with portfolios ofassets of similar extent to maintain competitiveness. Predator Oil & Gas Holdings plc is listed on the Equity Shares (transition) category of the Official List ofthe London Stock Exchange's main market for listed securities(symbol: PRD). For further information, visitwww.predatoroilandgas.com This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the informationcontained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. Forfurther information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END