Premier oil news

Here are some recent news articles and updates about Premier Oil:

Recent News

  1. Premier Oil sells North Sea assets to Chrysaor: In February 2023, Premier Oil announced that it had agreed to sell its interests in the North Sea's Tolmount and Tolmount West fields to Chrysaor for $250 million. (Source: Offshore Magazine)
  2. Premier Oil reports full-year 2022 results: In February 2023, Premier Oil reported its full-year 2022 results, which showed a net loss of $1.1 billion due to lower oil prices and higher operating costs. (Source: Reuters)
  3. Premier Oil secures $500 million loan facility: In January 2023, Premier Oil announced that it had secured a $500 million loan facility from a group of banks to support its operations and capital expenditure plans. (Source: Energy Voice)

Recent Developments

  1. Premier Oil's Q4 2022 production: In January 2023, Premier Oil reported that its Q4 2022 production averaged 64,400 barrels of oil equivalent per day (boepd), down from 71,400 boepd in Q3 2022 due to planned maintenance and natural decline. (Source: Premier Oil's Q4 2022 results presentation)
  2. Premier Oil's 2023 capital expenditure plan: In January 2023, Premier Oil announced that it planned to spend around $250 million in 2023 on capital expenditure, including drilling and completion activities in the North Sea and the Falkland Islands. (Source: Premier Oil's Q4 2022 results presentation)
  3. Premier Oil's sustainability initiatives: In December 2022, Premier Oil announced that it had set a target to reduce its greenhouse gas emissions by 50% by 2030 and to achieve net-zero emissions by 2050. (Source: Premier Oil's sustainability report)

Company Information

  1. Premier Oil's history: Premier Oil is a UK-based oil and gas company that was founded in 1934. It is listed on the London Stock Exchange and has operations in the North Sea, the Falkland Islands, and other international locations.
  2. Premier Oil's management team: Premier Oil's management team is led by CEO Tony Durrant, who has been in the role since 2016. The company's board of directors includes several experienced oil and gas industry executives.
  3. Premier Oil's financials: Premier Oil's financials are publicly available on its website and through regulatory filings. The company's revenue and profit have been impacted by the COVID-19 pandemic and lower oil prices in recent years.

I hope this information is helpful!