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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
  -3.90p -5.41% 68.25p 68.35p 68.55p 73.45p 67.75p 73.25p 8,945,663 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 772.3 -271.2 -36.6 - 557.65

Premier Oil PLC Statement re Market speculation

14/01/2019 8:41am

UK Regulatory (RNS & others)


Premier Oil (LSE:PMO)
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TIDMPMO

RNS Number : 9925M

Premier Oil PLC

14 January 2019

("Premier" or "the Group")

Statement re: Market speculation

14 January 2019

Premier notes the press speculation regarding the possibility of the Group making a UK acquisition.

Premier will continue to look at opportunities to acquire UK North Sea assets in line with the Group's stated strategy. There is no guarantee that the Group will bid in any process or that any process will complete.

Specifically, no firm decision has been taken to bid for all or any of the assets currently being marketed by Chevron and how, in the event that the Group were to be successful, the acquisition of such assets would be financed.

Current operational performance remains strong with production in the first two weeks of January averaging above 90 kboepd.

 
 Enquiries 
 Premier Oil plc                                      Tel: 020 7730 1111 
 Tony Durrant, Chief Executive 
 Richard Rose, Finance Director 
 
 Camarco                                              Tel: 020 3757 4983 
 Billy Clegg 
  Georgia Edmonds 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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January 14, 2019 03:41 ET (08:41 GMT)

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