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United Kingdom

Premier Oil PLC (PMO.L)

PMO.L on London Stock Exchange

131.69GBp
9:00am BST
Change (% chg)

-3.21 (-2.38%)
Prev Close
134.90
Open
134.50
Day's High
134.50
Day's Low
129.00
Volume
4,145,293
Avg. Vol
12,344,589
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135.25
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Thu, Jul 12 2018

As debt shrinks, Premier Oil looks to growth

LONDON As Premier Oil makes progress on shrinking its debt pile, it is turning its attention to growth from its UK Tolmount gas field and by looking at buying existing production in the North Sea.

UPDATE 2-As debt shrinks, Premier Oil looks to growth

* Drilling of 1st Mexico well expected in Q4 (Adds CEO comments)

Premier Oil approves Tolmount gas project

LONDON, July 12 Premier Oil's board has approved its Tolmount gas project in the UK North Sea ahead of a final investment decision in the third quarter and the company also expects to start drilling on a first well in Mexico in the fourth quarter, it said on Thursday.

BRIEF-Premier Oil says debt can fall below $2 bln by end 2019

* PREMIER OIL CEO EXPECTS TOLMOUNT FINAL INVESTMENT DECISION (FID) IN Q3 THIS YEAR, FALKLANDS SEA LION FID MIGHT NOT HAPPEN THIS YEAR

UPDATE 1-Premier Oil says debt reduction on track as output grows

LONDON, May 16 Premier Oil said on Wednesday it is heading for a "material" reduction of its $2.7 billion debt pile, with its Catcher field ramp-up reaching a promised 60,000 barrels per day as oil prices trade at their highest in more than three years.

Premier Oil says debt reduction on track as output grows

LONDON, May 16 Premier Oil said on Wednesday it is heading for a "material" reduction of its $2.7 billion debt pile, with its Catcher field ramp-up reaching a promised 60,000 barrels per day as oil prices trade at their highest in more than three years.

Premier Oil to look at longer-term hedging - CFO

LONDON Premier Oil will look at extending the timeframe for oil price hedges beyond 12-18 months to protect its balance sheet and return on investments which might take years to start operating fully, Finance Director Richard Rose said.

Premier Oil to look at longer-term hedging -CFO

LONDON, April 11 Premier Oil will look at extending the timeframe for oil price hedges beyond 12-18 months to protect its balance sheet and return on investments which might take years to start operating fully, Finance Director Richard Rose said.

Deutsche becomes Premier Oil's 3rd biggest shareholder at 5.2 pct

* Deutsche Bank becomes British oil and gas explore Premier Oil's 3rd biggest shareholder at 5.22 pct, according to an emailed statement and the latest available shareholder information on Premier's website

PREMIER OIL WINS RIGHTS TO BLOCK 13 AT BURGOS BASIN IN MEXICAN SHALLOW WATER AUCTION

PREMIER OIL WINS RIGHTS TO BLOCK 13 AT BURGOS BASIN IN MEXICAN SHALLOW WATER AUCTION

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