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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2206U Premier Oil PLC 14 January 2004 PREMIER OIL PLC ("Premier") Premier Signs Up New Exploration Licence in the Philippines Premier is pleased to announce that it has agreed the terms of a petroleum licence agreement with the Philippines Department of Energy for a 10,800 square kilometre area in the Ragay Gulf, Luzon, Philippines. The licence agreement was signed earlier today. Upon signing the licence Premier will assign 42.5% to PEARL Energy and 15% to Philippines National Oil Company (PNOC-EC). Premier believes that the Ragay Gulf is highly prospective for oil with numerous leads in a variety of play types which have already been identified. The initial work commitment is for technical studies and a seismic survey. Subject to the results of this work, Premier plans to define specific drilling targets and commence exploration drilling. Charles Jamieson, Chief Executive of Premier, said: "The Philippines is a new country for Premier but it fits well with our strategy of finding new exploration opportunities within our core areas. We believe this area has been overlooked despite the existence of oil seeps, and recent seismic data supports its prospectivity." 14 January 2004 ENQUIRIES: Premier Oil plc Tel: 020 7730 1111 Charles Jamieson John van der Welle College Hill Tel: 020 7457 2020 James Henderson 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, West Africa (Mauritania, Guinea Bissau and Gabon), and South and South East Asia (Pakistan, India, Indonesia and the Philippines). This information is provided by RNS The company news service from the London Stock Exchange END AGRQKQKBDBKDFDD
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