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Predator Oil & Gas Holdings Plc gets approval for the use of CO2 Recovery system

1 min read | October 20, 2020 12:27 PM BST | By Team Kalkine Media
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Predator Oil & Gas Holdings Plc (LON:PRD) has been granted approval from the Permanent Secretary for the Ministry of Energy and Energy Industries for the use of the carbon dioxide (CO2) Recovery system, fitted and commissioned by Predator and Massy Gas Products.

  • It is related with the Inniss-Trinity field’s CO2 Pilot Project at the FRAM Exploration Gathering Station #4.
  • The CO2 injection and delivery system and site layout have been separately reviewed, to confirm that the highest HSE standards conceivable are applied to enable operations to continue uninterrupted during the COVID-19 public health emergency.
  • On 20 October 2020, the stocks of the company surged by 10.00% from the previous closing, hovering at around GBX 3.30 at 10:13 AM GMT+1.

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