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Wednesday, September 18, 2024
Predator Oil & Gas Holdings has provided an update on its MOU-3 Sandjet rigless testing program in Morocco. The rigless testing program is being extended based on an initial analysis of the 2024 rigless testing data that is currently being carried out
Dr. John Tingas Petroleum and Chemical Engineer is carrying out the program and has worked with the company’s CEO on reservoir engineering projects offshore Ireland following the successful testing of gas at commercial rates in 2006 and 2007; on the reservoir engineering for the Tendrara field onshore Morocco in 2013, following which an appraisal well flowed at a high rate; and on the company’s Inniss-Trinity CO2 EOR project in Trinidad, where enhanced oil production was achieved.
Predator is fully funded to undertake all additional operations that may be considered necessary to support reservoir flow assurance for the purposes of planning a potential development option.
The company has also appointed Zenith Energy for well engineering support. Predator says that Zenith has larger pool of worldwide resources to call upon in the areas of well engineering, project management, completion and well testing and well operator services. Zenith has been appointed to provide well engineering support for Morocco initially and potentially other geographic areas if and when required.
Predator also provided an update on the MOU-5 well and its potential for helium stating the geological model for the helium potential of the 187 sq km MOU-5 structure has been completed by Scorpiongeoscience. Potential helium resources estimates will be published this month.
Drilling of the high impact MOU-5 well will evaluate potential both for helium and a gas-to-power project adjacent to the Maghreb Gas Pipeline. MOU-5 is a conventional well that does not require the same specialist Rharb Basin drilling experience and expertise that was necessary to successfully complete the 2021 and 2023 drilling programs.
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