Predator Oil & Gas Resumes Drilling Program in Morocco with MOU-6

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## Predator Oil & Gas Launches New Drilling Campaign in Morocco

The British company Predator Oil & Gas Holdings is preparing to launch a new drilling campaign in Morocco with the upcoming operations at well MOU-6. To support this phase, the company has signed an amendment with Intrepid Drilling Limited to extend the availability of drill Rig 101.

The new agreement covers the period from August 1 to October 1, 2026, extending the original contract signed on October 24, 2022, with the drilling contractor, which previously operated under the name Star Valley Drilling Limited.

### Rig 101 to be Transferred to MOU-6

Currently stationed at the MOU-5 site, Rig 101 is set to be transferred to MOU-6 once the final consumables and equipment required for the operation are available. According to the schedule provided by the company, some long lead-time equipment is still in transit. Drilling is expected to commence after August 1, once the technical preparations are complete.

### An Intensive Drilling and Testing Program

Well MOU-6 will mark the start of a particularly intensive drilling and testing program that Predator Oil & Gas plans to conduct over the next three months. This new phase aims to allow the company to further evaluate the potential of its Moroccan assets and gather new technical data on the identified resources in the area.

### Morocco Takes Priority Ahead of Operations Planned in Trinidad

In its operational timetable, Predator Oil & Gas prioritizes its activities in Morocco. Drilling at MOU-6 will precede the launch of Snowcap-3, which is scheduled for Trinidad and Tobago. This sequence positions Morocco as the initial field of operation for the company’s new campaign. Thus, well MOU-6 will be the first to benefit from the mobilization of Rig 101 as part of this program.

This new campaign is expected to enable Predator Oil & Gas to continue its exploration efforts while enhancing its operations in the Moroccan market.