Viewing results 26-50 of 336


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

UBS fancies Cairn Energy as Catcher performance promises upgrade

Catcher operator recently flagged that the new North Sea operation was now at plateau production - UBS reckons a strong performance suggests it will now yield more hydrocarbons than previous forecasts...

on 23/7/18

Premier Oil says Catcher field consistently achieves plateau production rate

Premier said group production averaged 76,100 barrels oil equivalent per day over the first half as Catcher ramped up...

on 12/7/18

Premier Oil is a ‘top pick’ for RBC Capital which eyes production growth

“We expect Premier’s market performance to be determined by its performance in delivering production and development on schedule"...

on 9/7/18

Premier Oil and Rockhopper hire Standard Chartered to assist Falklands oil field financing

Rockhopper Exploration revealed that the 'pathfinder' bank had been appointed as the partners seek the funds needed to bring the Sea Lion oil field towards a project sanction decision....

on 5/7/18

Barclays says Premier Oil is “back on track”

Barclays continues to rate Premier Oil as 'overweight' and a new price target is set at 135p...

on 15/6/18

Rockhopper Exploration ready to rock and roll in the Falklands as US$400mln funding talks near completion

Finally, the company and its partner Premier Oil appears to be gaining some traction for the Sea Lion field, host to an estimated 517mln barrels of oil ...

on 18/5/18

Barclays upgrades Premier Oil as stronger crude price eases debt concerns

Premier Oil shares advanced on Thursday after yesterday's trading update and an upgrade from Barclays...

on 17/5/18

Premier Oil’s Catcher field ramp-up continues to drive production growth

Group production has exceeded 90,000 boepd in recent days, driven higher by Catcher...

on 16/5/18

Premier Oil and Ophir Energy upgraded by Barclays, while Faroe Petroleum is cut

Barclays Capital sees further upside for oil and gas firms so long as crude continues at US$65 to US$70 per barrel ...

on 11/4/18

Premier Oil advances as investors and brokers welcome full-year results

“The FY17 results underline the progress made by the business last year; refinancing and delivering first oil from Catcher,” said RBC analyst Nathan Piper...

on 8/3/18

Premier Oil boasts of successful 2017 as it confirms production and cash flow boost

Premier today reported a 15% improvement in cash flows from operations, up to US$496mln, as it maintained a low cost base and enjoyed improved output volumes and crude prices...

on 8/3/18

Premier Oil lands new exploration acreage offshore Indonesia

The new acreage has the potential for significant gas volumes which could be delivered to existing consumers in North Sumatra...

on 31/1/18

Premier Oil sells first crude shipment from Catcher field

“Performance of the BW Catcher FPSO has been excellent with high operational uptime,” Premier said in the statement...

on 24/1/18

Premier Oil’s positive trading update welcomed in the City

Full year production measured 75,000 boepd and the company expects 2017 annual revenue to be around US$1.09bn....

on 11/1/18

Rockhopper Exploration shares rise on Falkland project progress

"We are pleased to be able to start 2018 by reporting on the material progress we have made alongside partner Premier in moving forward many aspects of the Sea Lion project in recent months.”...

on 11/1/18

Premier Oil’s Catcher field marked a successful end to 2017

Full year production measured 75,000 boepd and the company expects 2017 annual revenue to be around US$1.09bn...

on 11/1/18

Premier Oil sells stake in North Sea pipeline for £23.6mln

"The sale of the ETS pipeline interest is another step in realising value from the E.ON UK portfolio acquired by Premier for US$120mln in 2016,” said Tony Durrant...

on 11/12/17

Premier Oil on-track to hit upgraded production target

Premier expects 'first oil' at the Catcher field in December...

on 16/11/17

Premier Oil says Catcher field is on schedule for first oil as FPSO is installed

Commissioning operations and tests are underway, ahead of the start of oil production in the coming months....

on 23/10/17

As Premier Oil divests non-core assets to reduce debt investors may wonder whether Falklands fits the strategy

Premier refinanced early this year and it has been managing its portfolio....

on 15/9/17

Premier Oil confirms US$200mln sale of Wytch Farm stake

"The disposal will allow for a significant reduction in Premier's net debt and generates material value for shareholders,” said chief executive Tony Durrant...

on 12/9/17