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Premier Oil PLC (PMO.L)

PMO.L on London Stock Exchange

94.75GBp
17 Jan 2018
Change (% chg)

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94.75
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5,998,516
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104.56
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Mon, Dec 11 2017

Premier Oil to sell North Sea pipeline stake to CATS

Dec 11 Premier Oil Plc will sell its 30 percent stake in a North Sea pipeline to UK gas infrastructure company CATS Management Ltd for up to 23.6 million pounds ($31.68 million), it said on Monday.

Premier Oil seeking buyers for stake in Indonesia gas field

LONDON, Nov 16 Premier Oil is seeking buyers for a 25 percent stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam, Chief Executive Tony Durrant said on Thursday.

REFILE-UPDATE 1-Premier Oil says key project to start on time, debt to fall

Nov 16 Premier Oil expects its $2.8 billion debt pile to start falling, with its flagship Catcher oilfield in the North Sea set to begin production on time in December, it said on Thursday.

Oil prices dip on profit-taking and U.S. production fears

NEW YORK Oil prices dipped on Tuesday as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased U.S. shale production.

CORRECTED-Oil prices fall for a second day on oversupply concerns

TOKYO, Oct 3 Oil fell edged lower on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as quickly as bulls had hoped.

UPDATE 1-CML to invest $182 mln in infrastructure for Premier Oil's UK gas field

LONDON, Sept 25 CATS Management Limited (CML), a UK gas infrastructure company owned by Antin Infrastructure Partners, will invest 135 million pounds ($182 million) to build the infrastructure for Premier Oil's Tolmount gas field in the North Sea.

Premier Oil seeks buyer for stake in North Sea gas field

LONDON Premier Oil is seeking to sell half of its stake in the Babbage gas field in the North Sea, according to a document seen by Reuters, as it tries to pay down a heavy debt pile it accrued during the oil market downturn.

UPDATE 1-Premier Oil upgrades production guidance, Mexico field resources

* Zama breakeven may be as low as $28 a barrel -CEO (Adds details, background, CEO, analyst)

Premier Oil lifts production guidance as fields exceed expectations

Aug 24 North Sea-focused Premier Oil has raised its 2017 production forecast by up to 7 percent on the back of a forecast-beating performance at its fields that also improved its cash flow and helped it pay down debt.

UPDATE 1-Premier Oil names Roy Franklin as chairman

Aug 10 Premier Oil Plc has hired oil and gas industry veteran Roy Franklin as its chairman to succeed Mike Welton, who said in March that he would step down on appointment of a successor.

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