Noreco finalises Huntington license relinquishment to Premier Oil
Noreco has today finalised the relinquishment of its stake in the Huntington license to Premier Oil.
Premier Oil
Oil stocks end day among biggest risers after output deal
Oil stocks were among the biggest risers on the FTSE 100 on Monday after non-Opec producers agreed to curb production to help buoy floundering crude prices.
Quensh in growth mode with new contract from Premier Oil
North-east firm Quensh Specialists has expanded its team, thanks to a new contract secured with North Sea operator Premier Oil.
Premier Oil receives monthly deferral on financial covenants
Premier Oil said it has received a monthly deferral in respect of the test of its financial covenants.
EY to take over from Deloitte as Premier Oil auditors
Premier Oil has completed a tender process selecting Ernst & Young as its new auditor from next year.
Lenders to have say in Premier Oil investment plans
Bosses at Premier Oil said yesterday that lenders were unlikely to block the firm’s plans to invest in new development projects.
Premier Oil targets refinancing in first quarter 2017
Premier Oil today revealed details of revised terms for its long-awaited refinancing.
Solan production shut down for three days amid safety concerns
Production from Premier Oil's Solan field was reportedly shut down for three days last month amid safety concerns.
Premier Oil shares nosedive amid refinancing gossip
North Sea operator Premier Oil saw tens of millions pounds wiped off its market value yesterday amid speculation suggesting some of its lenders were baling out.
Premier Oil gets another extension on financial covenants test
A planned test of Premier Oil’s financial covenants has once again been pushed back one month.
North Sea millionaires team up for Bagpuss
Two well known oil and gas entrepreneurs are planning to make a return to the North Sea.
Exclusive: Premier Oil says ‘We’re committed to our UK investment’
Premier Oil’s director of North Sea and Exploration said the independent operator was committed to its UK investment.
OGUK names new four board members, including Premier Oil boss
Oil and Gas UK (OGUK) have named four new board members.
Premier Oil gets additional month to sort out its finances
Premier Oil has been granted some breathing room, after creditors agreed to delay the test of its financial covenants until October 31.
Premier Oil monthly deferral continues, lender talks “progress well”
Premier Oil said it is in continued discussion with its lending group in terms of its existing financial facilities.
Premier Oil boss ‘searched soul’ over Solan woes
Late and over budget, the Solan development west of Shetland gave rise to a lot of “soul searching” at Premier Oil, the firm’s boss has admitted.
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Premier taking on new staff in the Granite City
Premier Oil boss Tony Durrant said yesterday the firm was looking for “more rather than less” people in Aberdeen as a result of North sea expansion.
Premier Oil appeals for patience over lender talks
Bosses at Premier Oil today appealed for “a little bit of patience” after the North Sea explorer revealed an agreement with lenders over the firm’s debt pile had yet to be reached.
Premier Oil posts $167m profit, makes “substantial progress” on refinancing talks
Premier Oil (LON:PMO) has posted a profit after tax of $167.1million for the first half of this year.
Premier Oil’s Accounts: What we know so far
Details of a deal between Premier Oil and its lenders over the North Sea explorer's debt pile are expected to come out tomorrow.
Premier Oil set to unveil debt pile rescue deal
North Sea explorer Premier Oil is expected to reveal details of a deal with its lenders over its $2.6billion (£2billion) debt pile later this week.
Premier Oil makes “significant” North Sea discovery at Bagpuss prospect
Premier Oil said it has made a "significant" oil discovery in its Bagpuss prospect in the North Sea.
Premier Oil gets months deferral on debt arrangements
Premier Oil said its lending group has agreed to a further deferral of the test of the company's financial covenants.
Premier Oil jumps in London as Brexit cuts costs in Sterling
Premier Oil (LON: PMO) Plc rose the most this month in London trading after saying it’s benefiting from a decline in the British pound following the U.K.’s vote to leave the European Union.