Predator Oil & Gas Holdings plc announces update on drilling of MOU-2 well

Wireline logging tools do not have not was able to log deeper than this depth due to the presence of extremely sticky clays in a geological formation overlying the primary target at Moulouya Fan. Below the logged interval, a gross interval of 165 meters was penetrated with up to 100 meters of sand of varying quality. The presence of significant thicknesses of sand demonstrates the potential source area of ​​sand feeding the Moulouya Fan below the debris flow.

This geological formation is interpreted to be a collapsed basin margin debris flow that has not been encountered during previous drilling in the area. The clays are particularly under-compacted and sticky due to very rapid deposition within the debris flow. The interval presented a drilling challenge with very low penetration rates.

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