Premier Oil PLC

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Market Cap:
£731.72 m
52 weeks high
52 weeks low

Viewing results 1-25 of 325


88 Energy Limited raised A$6.75mln

The new cash injection will be used to bankroll the additional costs of the Charlie-1 well over and above the expenditure being carried by its partner, Premier Oil...

1 week, 2 days ago

88 Energy launches A$10mln equity funding

Coming after last month's farm-out to Premier the AIM-quoted explorer plans to raise AS$10mln with a placing....

1 week, 3 days ago

88 Energy delighted with Alaskan farm-out deal with Premier Oil

The FTSE 250 group will pay the full costs of an appraisal well, dubbed “Charlie-1”, up to a total of US$23mln to test the reservoir deliverability of the Malguk-1 discovery ...

4 weeks, 1 day ago

88 Energy details Icewine’s conventional resources after Premier Oil farm-out

Premier Oil agreed to pay US$23mln of costs for the planned Charlie well....

4 weeks, 1 day ago

Premier Oil ruffles small-cap feathers as it redraws growth plans

Premier told investors that it planned to sell the large and exciting Zama discovery, in Mexico, in a move to expedite debt reduction - it also inked a deal with 88 Energy and had an update for Rockhopper....

4 weeks, 2 days ago

Premier Oil reports ‘strong performance’ as it hoists ‘for sale’ over Zama discovery

Production continues at company-record levels meanwhile Premier is making bold moves to cut-debt and position its growth projects....

4 weeks, 2 days ago

88 Energy welcomes Premier Oil to Project Icewine joint venture

88 Energy will operate the Charlie-1 (i.e. Malguk-1) discovery well...

4 weeks, 2 days ago

Premier Oil shares rise as Zama discovery is upgraded

Zama is now estimated to have some 810mln barrels of gross resources....

on 27/6/19

If the North Sea is revitalised, what are the best options for investors?

A flurry of asset acquisitions, investments and new field start-ups are all signs that the North Sea "continues to be revitalised”....

on 7/6/19

Premier Oil upgrades guidance as production growth continues

Output for 2019 is now anticipated at 75,000 to 80,000 barrels a day...

on 16/5/19

Premier Oil enjoys more appraisal success with Zama offshore Mexico

The latest results bode well for the future recoverable volumes from the discovery, which was previously estimated to host 1.2bn to 1.8bn barrels of oil-in-place...

on 16/4/19

Independent and small-cap oilers drive growth in the UK North Sea

The rise of these independent firms comes as the region has been progressively weaned off its dependency on multinational majors like BP and Shell...

on 20/3/19

Oilers shaken as Norwegian sovereign wealth fund decides to dump sector stocks

The Norwegian government said it would recommend that the US$1trn fund should focus divestments on firms that explore and produce only, rather than the larger integrated companies...

on 8/3/19
Retail & consumer

Oil & Gas firms on tenterhooks as world’s largest sovereign wealth fund to decide whether to dump sector

The Government Pension Fund of Norway will decide on Friday whether to offload its US$37bn stake in the industry...

on 7/3/19

Premier Oil puts North Sea, Mexico and Falklands growth projects on agenda after record year of production

“Growth projects such as Tolmount, Zama and Sea Lion, together with promising exploration in Mexico and Indonesia, are being advanced within a disciplined financial framework"...

on 7/3/19

Premier Oil up as it reveals “excellent” appraisal well result at Zama discovery

"This is an excellent start to the Block 7 Zama appraisal programme in Mexico,” said Tony Durrant...

on 24/1/19

Premier Oil falls on speculation over US$1.5bn acquisition and equity ‘cash call’

Premier said no firm decisions have been made, nevertheless, the shares dropped more than 9% in Monday's early deals...

on 14/1/19

Premier Oil beats debt reduction expectations in year of strong production

Premier’s net debt at the end of 2018 amounted to US$2.3bn, marking a US$390mln reduction during the twelve months...

on 10/1/19

Premier Oil sees record production volumes in December so far

Premier earlier this week measured group production at a rate of 98,700 boepd, a new company record...

on 7/12/18

Premier Oil boasts significant cash flow as output continues to rise

Premier oil forecasts a production rate of 80,000 boepd for the full year...

on 15/11/18

West of Shetland discoveries point to new growth for offshore UK

The narrative around the North Sea’s demise is both exaggerated and premature, but, the 'blue sky' very much remains in the West of Shetland region...

on 28/9/18

So you want to invest in oil and gas, there’s a stock for every risk appetite but which will suit you best?

There are several ways to play the oil and gas sector, but, they all carry different levels of risk...

on 26/9/18

Rockhopper Exploration “very encouraged” as Sea Lion moves towards sanction decision

“With oil prices currently above US$75 per barrel, we are focussing all of our efforts on doing everything possible to allow project sanction to take place next year."...

on 19/9/18

Premier Oil more than doubles first half profit

“We have progressed our development projects while maintaining strict capital discipline," said Tony Durrant, Premier chief executive...

on 23/8/18

Premier Oil greenlights development of new North Sea gas field

“Tolmount is one of the largest undeveloped gas discoveries in the Southern North Sea and is, in barrel of oil equivalent terms, similar in size to our Catcher project."...

on 20/8/18