Source - Alliance News

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with near-term gas operations focussed on Morocco - Says that the Star Valley Rig 101 will start drilling the MOU-3 well within the next 24 hours.

The MOU-3 well is located in the Guercif Petroleum Agreement, onshore Morocco.

Plans to give another update when MOU-3 reaches its intended pre-drill total depth of 1,500 metres, and before wireline logging operations begin.

Current stock price: 6.24 pence, up 1.5% on Friday morning in London

12-month change: down 45%

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