Premier Oil PLC (PMO.L)
18 May 2018
Wed, May 16 2018
LONDON, May 16 Premier Oil said on Wednesday it is heading for a "material" reduction of its $2.7 billion debt pile, with its Catcher field ramp-up reaching a promised 60,000 barrels per day as oil prices trade at their highest in more than three years.
LONDON, April 11 Premier Oil will look at extending the timeframe for oil price hedges beyond 12-18 months to protect its balance sheet and return on investments which might take years to start operating fully, Finance Director Richard Rose said.
* Deutsche Bank becomes British oil and gas explore Premier Oil's 3rd biggest shareholder at 5.22 pct, according to an emailed statement and the latest available shareholder information on Premier's website
PREMIER OIL WINS RIGHTS TO BLOCK 13 AT BURGOS BASIN IN MEXICAN SHALLOW WATER AUCTION
PREMIER OIL WINS RIGHTS TO BLOCK 11 AT BURGOS BASIN IN MEXICAN SHALLOW WATER AUCTION
* Mexico appraisal well could be drilled in Q2 (Adds detail, CEO comment, share price)
LONDON, March 8 Premier Oil is interested in increasing its 50 percent interest in the Catcher North Sea oilfield that produced first oil in December, Chief Executive Tony Durrant told Reuters on Thursday.
* Q4 adj. EPS 63 cents vs. analysts' estimate 42 cents (Adds production forecast, details from conference call, shares)
* Saudi Arabia says prefers tighter market to early exit from cuts
NEW YORK Crude markets began to steady Monday, settling little changed on the day as global equities began to recoup some losses from their biggest one-week decline in two years.