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Energy

Premier Oil says debt talks are going well

Premier Oil wants to change its medium term covenant profile and agree a reset of debt maturities....

on 1/9/16
Energy

Premier Oil hails step change in production as it ups guidance

Premier Oil told investors it now expects to produce between 68,000 to 73,000 barrels oil equivalent per day in 2016....

on 18/8/16
Energy

Premier Oil finds heavy oil in Bagpuss well

"The Bagpuss well has proven a significant volume of oil in place."...

on 5/8/16
Finance

UK firms in the frame for overseas acquirers

The first half for what's called 'inbound M&A' has been fairly slow, but the dynamics are now changing....

on 15/7/16
Energy

Premier Oil sees production at top end of expectations

“At current oil prices, we start to generate free cash flow later this year," said chief executive Tony Durrant....

on 12/7/16
Energy

Premier Oil gets respite for financial shake-up

Oil & gas group said its lenders had agreed to delay a test of its financial covenants...

on 1/7/16
Energy

North Sea oil firms need to team up to secure future - report

“Super joint ventures” that absorb smaller assets under a single operator could help to cut costs...

on 13/6/16
Retail & consumer

Seven oil stocks to watch as crude price nears US$50

Here, we take a look at some of London’s high profile oil stocks on most investor’s watch lists as the recovery in crude prices near US$50 per barrel....

on 26/5/16
Energy

Rockhopper boosted by Sea Lion resource audit

"In our view this new audit confirms the potential of the North Falklands to be a billion barrel basin,” said Sam Moody, Rockhopper chief executive....

on 17/5/16
Energy

Premier Oil sees production at top end of expectations

"We now expect production for the year to be better than we originally anticipated,” said Tony Durrant, Premier Oil chief executive....

on 11/5/16
Energy

Doha impasse sends oil shares tumbling

Iran avoided the need to walk out of the oil producers' meeting by not bothering to turn up in the first place...

on 18/4/16
Energy

Premier Oil Plc shares rise as Solan project achieves ‘first oil’

Premier expects production at Solan to build up to a rate of 20-25,000 barrels of oil per day in the second half of 2016....

on 13/4/16
Energy

Premier Oil writes $558mln off new North Sea field

More than half a billion has been wiped from the value for the new North Sea field as Premier lowered near-term oil price assumptions....

on 25/2/16
Energy

Premier Oil and Rockhopper cut short Falklands drill programme

The planned Chatham well will no longer be drilled in the current programme, after the rig contract was cancelled....

on 12/2/16
Energy

Rockhopper Exploration awards contracts for Sea Lion development

Rockhopper boss Sam Moody said: "the Sea Lion project continues to move forward."...

on 11/2/16
Energy

Premier Oil skyrockets as shares begin trading again

Premier Oil shares shot up over 100% as its shares started re-trading in London after being suspended after it struck a deal with German utility Eon for US$120mln over its North Sea oil operations....

on 1/2/16
Energy

Premier Oil to buy Eon's UK North Sea assets for US$120mln

Premier says the deal will allow it to invest in cash-positive UK assets...

on 13/1/16
Energy

Rockhopper Exploration reveals upgrades to Sea Lion development

For the same money as previously budgeted it is now planned that Sea Lion will flow up to 85,000 bopd in Phase 1a, up from 60,000, and the field will now access up to 220mln barrels of resources....

on 13/1/16
Energy

Rockhopper confirms new Falklands oil discovery

Rockhopper says the result hugely increases the likelihood that there will be another phase of development in the North Falkland basin....

on 11/1/16
Energy

Rockhopper agrees £57.1mln takeover of Falkland Oil & Gas

Rockhopper Exploration will own 65% of the combined company...

on 24/11/15
Energy

Rockhopper and Falkland O&G start re-drilling Falklands well

The pair said operator Premier Oil (LON:PMO) had spudded the 14/20-2 Isobel 2 well ...

on 23/11/15
Energy

Premier Oil to sell Norwegian business for US$120mln

Oil group is to sell Premier Oil Norge to Det Norske Oljeselskap...

on 16/11/15
Energy

Iona Energy could increase interest in Huntington field

Noreco, a 20% stakeholder in the field, has been served a default notice and the remaining partners may absorb its interests....

on 2/11/15
Energy

Falkland oil drillers decide to appraise Isobel Deep discovery

This new well at Isobel Deep replaces the planned Jayne East exploration well...

on 25/9/15
Energy

Premier Oil pumps up the volume

Summer maintenance has not stopped Premier Oil from exceeding anticipated production levels ...

on 23/9/15