![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Harbour Energy Plc | LSE:PMO | London | Ordinary Share | Ordinary Shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.40 | 22.50 | 22.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6695N Premier Oil PLC 17 July 2003 PREMIER OIL PLC ("Premier") Premier Announces Completion of Zamzama Phase I Development Premier is pleased to announce the completion of both the Zamzama Phase I Development in Sindh Province in Pakistan, and the first contractual commercial gas deliveries to customers from the new facilities. Phase I was completed nearly four months ahead of schedule and under the original US$100 million budget. Approved in March 2002, Phase I will triple the current gas processing capacity enabling the supply of up to 320 million standard cubic feet per day (MMcf/d) of gas to Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL). Gas Sales and Purchase agreements with SSGCL and SNGPL cover the supply of gas up to 320MMcf/d of gas (4,300 barrels of oil equivalent per day to Premier) over the expected field life of 20 years. The core area of the Zamzama field has estimated proven and probable reserves of 1.7 trillion cubic feet (Tcf) of which Premier's share is around 320 billion cubic feet (Bcf). There is significant additional reserves potential outside the core area. Three new development wells (Zamzama-3, -4, and -5) were drilled during this phase of development and are tied into two new processing trains with a nameplate capacity of 140MMcf/d each. A fourth well (Zamzama North) designed to further appraise the field is also nearing completion. First production from the Zamzama field commenced in March 2001 via an Extended Well Test fed by two wells (Zamzama-1 and -2), and has supplied on average 100 MMcf/d of gas to Sui Southern Gas Company under a 21 month contract. Charles Jamieson, Chief Executive of Premier, said: "We are delighted that this development has been completed ahead of schedule and under budget. The startup of this field completes the development of all of Premier's commercial reserves in Pakistan. We are planning further exploration activity in the next 12 months." 17 July 2003 ENQUIRIES: Premier Oil plc Tel: 020 7730 1111 John van der Welle Mark Akers College Hill Tel: 020 7457 2020 Justine Hibbert Phil Wilson-Brown Background For Editors: Premier Oil plc is a leading independent oil and gas company with producing interests in the UK, Indonesia, and Pakistan. Exploration and appraisal is ongoing in the UK, Indonesia, West Africa (Mauritania, Guinea Bissau and Gabon) and South Asia (Pakistan and India). On 16 September 2002 Premier announced a major restructuring involving the transfer of interests in Myanmar and Indonesia to its major shareholders Amerada Hess and Petronas in return for the cancellation of their combined 50 per cent. shareholding in Premier, an injection of cash and repayment of Myanmar project debt. The restructuring leaves Premier as a fully independent oil company in a good position to follow its strategy of value creation and early realisation through oil and gas exploration and commercial deal-making. The partners and interests in the Zamzama field are: BHP Petroleum (Pakistan) Pty Ltd 38.50% (Operator) Government Holdings (Private) Ltd 25.00% PKP Exploration Ltd* 18.75% ENI Pakistan (M) Ltd (formerly Lasmo (MP) 17.75% Limited) * PKP Exploration Ltd is 100% owned by Premier-KUFPEC Pakistan B.V. Premier and KUFPEC each hold 50% of Premier-KUFPEC Pakistan B.V. This information is provided by RNS The company news service from the London Stock Exchange END MSCILFSFDIIDLIV
1 Year Harbour Energy Chart |
1 Month Harbour Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions