Premier Oil


All posts for Premier Oil

Oil Price, President, Sound, Ophir, Premier, Tower and Finally…

WTI $51.49 -$1.40, Brent $60.06 -$1.50, Diff $8.57 -10c, NG $4.33 -14c Oil Price Markets don't like uncertainly and that is what they are getting at the moment. Opec met yesterday and unusually didn't have an agreement ready to go partly as they couldn't agree exactly what to say. Today Opec ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > MalcyMalcysMalcy's +7

Premier Oil - Trading Update; Operating Efficiency at Catcher Lower but Improving

Bottom Line: The headline is a reduction to production guidance although deliverability at Catcher looks strong and the development/appraisal pipeline is progressing. We remain neutral as we believe it is challenging for Premier to outperform with a weakening commodity price although at our Bren ...

OilVoice Press - OilVoice


Posted 26 days agoPress > Premier OilCatcherProduction +1

Premier Oil Trading and Operations Update

Premier has provided a Trading and Operations Update for the period to 15 November 2018. Highlights ·     Year-to-date production of 78.4 kboepd, up from 76.2 kboepd in the first half; forecast full-year production at around 80 kboepd ·    Record Catcher Area production rates of over 70 kbo ...

OilVoice Press - OilVoice


Posted 28 days agoPress > Premier OilTrading UpdateOperations Update +1

Oil Price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq, and Finally…

WTI $56.25 +56c, Brent $66.12 +65c, Diff -$9.87 +9c, NG $4.84 +74c Oil Price A modest rally in crude yesterday but at one stage it was way better, a two dollar rise was eaten into and although today is better again there is little trust in the commodity at the moment. Having said that, word c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcysMalcy's +10

Engage with both the E&P community and financial sector at SPE's London Annual Conference.

SPE London Conference 23 October 2018 | Gibson Hall London, England, UK Hear expert opinion on oil and gas investment opportunities at SPE's London Annual Conference. With now only a week to go, register your place today to engage with both the E&P community and financial sectors. Hear from top ...

Kate Dunn


Posted 1 month agoPress > EnergyOil and GasFinance +22

Talos Energy Announces Approval Of Zama Appraisal Plan

Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the Mexican oil & gas regulator, the National Hydrocarbons Commission ("CNH") has approved the appraisal plan for the Zama discovery. The approval of the appraisal plan by the CNH is a key approval required to commence the a ...

OilVoice Press - OilVoice


Posted 2 months agoPress > NYSETalos EnergyZama Discovery +4

Pemex and Block 7 Consortium Sign Pre-Unitization Agreement

MEXICO CITY, Sept. 21, 2018 /PRNewswire/ -- Petróleos Mexicanos (Pemex) and Talos Energy (NYSE:TALO), as operator of the Block 7 Consortium, are pleased to announce that Pemex and the international Block 7 Consortium (Talos Energy, Sierra Oil and Gas, and Premier Oil) have signed a Pre-Unitization ...

OilVoice Press - OilVoice


Posted 2 months agoPress > PemexBlock 7Talos Energy +5

Premier Oil: Mandatory Conversion of Convertible Bonds

Further to the Company's announcement on the 31 July, Premier today confirms that the remaining convertible bonds with a total aggregate principal amount of US$28.772million, have been mandatorily converted. As a result, the Company will issue a further 31,412,059 Ordinary Shares of 12.5p each (the ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Premier OilConvertible Bonds

ODE Asset Management Limited Awarded Duty Holder Contract for the Humber Gathering System

ODE Asset Management Limited (ODEAM), a wholly owned subsidiary of the international engineering and operations support services contractor ODE, has been awarded a contract to be the Installation and Pipeline Operator (Duty Holder) for the Humber Gathering System which will initially serve the Tolm ...

garron lees


Posted 3 months agoPress > ODETolmountPremier Oil +4

Premier Oil: Half-Year Results for the Six Months to 30 June 2018

Tony Durrant, Chief Executive, commented: "Premier met its operational targets for the period. The Catcher Area is now at plateau production rates which, together with higher commodity prices, is driving free cash flow generation and net debt reduction. We have progressed our development proj ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Premier OilResultsEarnings

Oil Price, Premier Oil, Aminex

Premier Oil A quick word on t he Premier interims, I am headed to the meeting and will add more later or tomorrow if it throws up any gems. The figures themself are uncontentious with profits up substantially at $98.4m and EBITDA up 19% to 388.9m. Operationally it's ok, production in the period ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil pricePremier OilAminex +3

Oil Price, Premier, Eco (Atlantic), Falcon, Infrastrata, and Finally…

WTI $65.91 +45c, Brent $71.83 +40c, Diff -$5.92 -5c, NG $2.95 +4c Oil Price Another poor week for oil, WTI slipped by 2.6% and Brent by 1.4% as markets got the jitters about tariff wars, China demand, the strong dollar and some indifferent inventory numbers. The rig count was unchanged overal ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil pricePremier OilEco Atlantic +6

Premier Oil: Tolmount Development Sanctioned

Premier is pleased to announce that the development of its Tolmount Main gas field has been sanctioned by the joint venture and infrastructure partners.  The Premier-operated Tolmount Main gas field, located in the Southern North Sea, is expected to produce around 500 Bcf of gas (96 mmboe) with pe ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Premier OilTolomountgas +5

Premier Oil: Mandatory Conversion of Remaining Convertible Bonds

Premier announces that its wholly-owned subsidiary Premier Oil Finance (Jersey) Limited (“POFJ”) intends to exercise the mandatory conversion option in its 2.5 per cent Guaranteed Convertible Bonds due 2022 (the “Bonds”). The exercise of such option will automatically and mandatorily convert all of ...

OilVoice Press - OilVoice


Posted 4 months agoPress > Premier OilConvertible BondsBonds

M2 Subsea Secures Contract With Premier Oil

Global independent provider of ROV services, M 2 Subsea, has secured a contract to provide inspection services for Premier Oil's Balmoral Floating Production Vessel (FPV). M 2 Subsea, which has bases in Aberdeen and Houston, will carry out the 2018 inspection of the vessel's hull, flowlines, umb ...

OilVoice Press - OilVoice


Posted 4 months agoPress > M2 SubseaM 2 SubseaSubsea +5