Predator Oil & Gas to launch new drilling in Morocco in December

Predator Oil & Gas, an independent company, announced on Tuesday that it will drill the MOU-2 well in the Guercif basin during the first two weeks of December 2022.

Drilling materials are being shipped from Canada, Egypt, France, the United Kingdom, and the Middle East, reflecting the strain on logistics and the supply chain that the Ukraine conflict has put on the world’s largest mining companies.

The exact date will be determined when all pre-ordered drilling materials clear Moroccan customs in the coming weeks, according to the company.

Predator Oil & Gas will sign agreements with certain companies it has prioritized for gas sales and a first financial package for a simple pilot natural gas development soon after the announcement of MOU-2 test results.