Share Name Share Symbol Market Type Share ISIN Share Description
Premier Oil LSE:PMO London Ordinary Share GB00B43G0577 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25p -0.44% 56.50p 56.25p 56.75p 58.75p 56.00p 56.00p 2,565,214 09:37:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 796.4 -316.3 19.4 3.0 288.62

Premier Oil Share Discussion Threads

Showing 31526 to 31544 of 31550 messages
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DateSubjectAuthorDiscuss
24/8/2017
09:44
The share price is more about TD and his 'optimistic' view of timescales etc In a nutshell the markets don't believe him - always been the same and they won't be getting on board until the events have actually happened and not TD saying 'they're gonna happen' A year ago he was saying 'a couple of weeks' for the finance and was at least half a year out. He isn't one of those CEO's that the markets have faith in, and with good cause.
begorrah88
24/8/2017
09:44
"Progress on the Catcher development in the UK North Sea has been excellent and the field is on track for first oil before the end of 2017. The FPSO is mechanically complete and is in the final stages of commissioning in Singapore. It is scheduled to leave for the North Sea imminently having completed its marine trials. On the Catcher field itself all the key elements of the subsea equipment have been installed and we have also completed the last of the twelve wells that we planned in advance of first oil. Test flow rates and net pay calculations are above original prognosis and as a result we now expect to deliver an improved peak production profile of 60 kboepd ahead of the sanctioned estimate of 50 kboped (gross). Once on stream the Catcher field will provide a step change in our production levels, generating tax -free cash flows for the Group." Catcher Foil was due to be in Sep17! Looks like if FOil by dec17, we will not see fully commissioned FPSO until mar18 and production ramping up!
oilandgas1
24/8/2017
09:34
We traded above 95p in a less benign market without the advances made on Catcher, Mexico, disposals etc. etc. Cash flow positive when Catcher on stream at $42bbl. Undervalued on every criteria.
fireplace22
24/8/2017
09:26
Can't see the share price improving anytime soon unless oil can trade above $60.The only other question is how good are the assets.Would any company be interested in a takeover?. There are lots of cheap assets out there.
fitton
24/8/2017
09:23
RALF! Your back with your boring one liner. Proof is in the share price performance Ralf. Watch it tail spin. the market does not like the results! Hence shorters taking advantage of insider information given before update announced ;) hTTps://www.youtube.com/watch?v=N2uHcrC2PbM
marvin9
24/8/2017
09:06
I see the Brit POO speculaters are doing their daily duty of trying to reverse any US gains
begorrah88
24/8/2017
08:57
Happy with the half year update. Heavily reliant on Catcher going according to plan. Good to hear TD say the sail away may be as early as this weekend. Also good to hear that the expected production from Catcher may be 20 per cent higher which will help offset the loss of production from disposals. Of course the rate of debt reductions will depend on the oil price going forwards. How likely is the oil price to fall significantly in the next year? Who knows? It will be interesting to see what happens.
crystball
24/8/2017
08:54
There wasn't enough certainty of progress in the update to cause the institutions to start buying in nor enough to cause the shorters to close. Back in the hands of the fund managers until Catcher FOIL arrives unless POO shoots off in either direction.
begorrah88
24/8/2017
08:43
I'm surprise someone doesn't try and take this over for around £500m-600m...get 100kboepd+ , may have to be hostile
deanroberthunt
24/8/2017
08:37
Net Assets of the company now stand at circa £675m compared to mcap of around £300m If company can show it has stemmed losses permanently, this gap has to close. Especially as the mexico find will only be included at cost at the moment
nav_mike
24/8/2017
08:17
If they didn't have the debt the share price would be 10 x higher you get what you pay for.
fireplace22
24/8/2017
08:15
Shame about that debt.
binarypilot
24/8/2017
08:11
The share price will probably be doing a catcher today - trying to leave its' point of anchor but unable to get away from the dock
begorrah88
24/8/2017
08:00
Huntingdon production has doubled y o y
leoneobull
24/8/2017
07:59
Begs. You didn't read very far into the Rns...Here you go on Tolmount Alongside the FEED process, Premier has signed a Heads of Terms to enter into an infrastructure partnership regarding the Tolmount development. Under the Heads of Terms, Dana Petroleum and CATS Management Limited (an Antin Infrastructure Partners portfolio company), will jointly construct and own the Tolmount platform and export pipeline as a standalone development, as well as undertaking the on-shore modifications at the Dimlington terminal. The Tolmount field will be tied-in to the platform and a tariff will be paid to the infrastructure owners for the transportation of gas production through the infrastructure over the life of the field. Premier will maintain its 50 per cent equity interest in the licence. Premier's share of capex is estimated at approximately US$100 million and this arrangement enhances future returns from the project. Subsurface studies on Tolmount East and Tolmount Far East continue ahead of any future appraisal drilling.
leoneobull
24/8/2017
07:57
I will say Tony's "staring at the carpet" ratio seems to have fallen, given the results video this morning. Perhaps he is showing better confidence these days.
manics
24/8/2017
07:53
Solid-and sounds very good for Tolmount with far less capex from pmo than expected overall-giving them a chance to make bigger inroads into net debt then the market expects. This is really a play on POO as are most of the smaller oil companies with huge incremental increases in profits as oil rises even a few dollars. They are getting on top of costs, capex and debt could easily be transformed with a sale of GOM find. Happy and will be adding for sipp-don't really care about daily fluctuations.
cumnor
24/8/2017
07:50
Too many 'jam tomorow' comments for me in the results. That jam was due long ago Solan still a pig and looks like they are trying to distance themselves from it and not waste any more money on it. The paragraph about H&S came across as a pre-cursor for a forthcoming delay.
begorrah88
24/8/2017
07:40
whats the point of hedging with Oil at $50!
deanroberthunt
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