Premier Oil lenders agree further deferral
Premiers lending group has agreed to a further deferral of the test of Premiers financial covenants while discussions around the Companys existing debt arrangements continue. The test for the 12 mo
View ArticlePremier Oil announces result of Bagpuss well
The 13251 well which was targeting the Bagpuss prospect on the Halibut Horst in the Outer Moray Firth has reached a total depth of 1532 feet TVDSS in granite basement. The well encountered 41
View ArticleOil price, Natural gas price, Premier, And finally...
Oil price It will be touch and go whether oil ends up on the week as I write it is all square with both crudes down this morning after disappointing import data in China. To be fair the rally has be
View ArticlePremier Oil announces half-year 2016 results
Entering new phase Moving to positive cash flow following a period of substantial investment E.On UK acquisition brings portfolio and financial benefits Full year production guidance raised to 6873 k
View ArticleOil price, Independent Oil & Gas, Premier, Sundry-Tullow-Aminex-Bucket...
Oil price Brent hasnt been higher since the 23rd of June roughly at the time that the Saudis started whacking up their production partly of course to offset domestic use for summer power generatio
View ArticleNorth Sea Energy provides update on Bagpuss drilling results
North Sea Energy Inc. TSX VENTURENUK announces an update to the Bagpuss well results from the Bagpuss Operator Premier Oil UK Limited. Premiers senior management espoused the following concern
View ArticleOil price, SDX Energy, Sound Energy, Cape, Premier Oil, Independent Oil &...
Oil price The machine works and we know this because we have seen it in action many times before when we need a little tickle on the oil price. As I mentioned on Monday the machine that really starte
View ArticlePremier Oil provides update on lender discussions
As previously announced Premier is in discussions with its lending group on the terms of its existing financial facilities. These continue to progress well. While these discussions continue Premier h
View ArticlePremier Oil announces deferral of financial covenant test
As anticipated Premier has agreed a further deferral in respect of the test of its financial covenants with the test for the 12 month period ending 30 September 2016 waived for a further period and t
View ArticleOil price, BP, Cape, Premier, Range Resources, Sundry-Falcon- And finally...
Oil price It was a quiet old day yesterday in crude markets with the feeling that if Brent in particular could hold above 50 bucks then we might indeed remain steady for a while despite headwinds fro
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