**Predator Oil & Gas Holdings Plc End of Year Operations Update Summary (December 2025)**
**Highlights**
**Production & Revenue** Produced 27,175 barrels of oil to date, generating gross revenues of US$806,051. Net revenues averaged US$100,405 monthly.
**Trinidad Operations** First fully funded infill development well drilled and tied in. Fully funded for up to 12 infill wells and 14 heavy workovers in 2026.
**Growth Projections** Forecast to reach 1,000 bopd by end-2026, with a 5- to 10-fold increase in monthly revenues.
**Morocco Progress** Rigless testing validated gas saturations and mitigated formation damage. Discussions ongoing for fully-funded CNG/micro-LNG development.
**Partnerships & Funding** Finalizing partnerships for gas appraisal and development, with FID (Final Investment Decision) nearing.
**Trinidad Operations (2025 Progress)**
Cumulative oil production rose to 27,175 barrels (from 452 barrels in Jan 2025).
Daily production increased to 308 bopd (from 4 bopd in Jan 2025).
Established oil sales point at South Erin field
restored two Bonasse wells and drilled a new well (BON-16).
Production increased by 220% since October 2025
all fields returned to profitability post-restructuring.
**Trinidad 2026 Program**
Fully funded for 12 infill wells and 14 heavy workovers.
Key projectsBON-17 well, Goudron infill well (targeting 200 bopd), Snowcap-1 re-entry, and Snowcap-3 appraisal well (up to 400 bopd).
Aim to achieve 1000 bopd by year-endsignificantly boosting revenues.
**Morocco Operations (2025 Progress)**
MOU-3 testing confirmed gas saturations and mitigated formation damage.
Focus on MOU-1 and MOU-3 structure for CNG/micro-LNG development.
MOU-5 drilled under budget, encountering helium and Triassic salt, opening deeper reservoir potential.
**Morocco 2026 Program**
Updated resource report expected to uplift gas reserves.
Fully funded Environmental Impact Assessment and preliminary engineering design for CNG/micro-LNG.
Pursuing Exploitation Concession application by Q3 2026.
**Offshore Ireland**
Exploring strategic gas storage opportunities, advocating for offshore FSRU linked to subsurface storage.
Plans to compile documents on Corrib South authorization process under Irelands Freedom of Information Act.
**CEO Commentary (Paul Griffiths)**
Eliminated exposure to field operating costs in Trinidad
assets now profitable.
Focus on high-value drilling opportunities and partnerships for Morocco gas development.
Optimistic about 2026, with fully funded programs and improved market sentiment.
**Conclusion**
Predator Oil & Gas is poised for significant growth in 2026, with fully funded programs in Trinidad and Morocco driving production and revenue increases. Strategic partnerships and focus on gas development position the company for long-term success in a favorable global energy landscape.