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Premier Oil PLC

Premier Oil PLC in a strong position to generate significant free cash flow

Tony Durrant, chief executive of Premier Oil PLC (LON:PMO), runs Proactive's Andrew Scott through their portfolio of production and exploration assets as well as plans for further acquisitions in the UK North Sea.

''We're at 85,000 barrels a day - most of that comes from the UK''.

''We've been investing significantly in the UK North Sea over the last few years ... of course the industry has gone through a difficult period with low oil prices, we've continued to invest in that period - specifically we've pushed ahead with our Catcher project in the North Sea''.

Quick facts: Premier Oil PLC

Price: £0.72

Market: LSE
Market Cap: £596.67 m
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