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Premier oil shows stronger than expected output in first half of the year

Friday, August 22nd 2014 - 00:08 UTC
Full article 29 comments

Falkland Islands involved oil and gas explorer Premier Oil may upgrade its 2014 production forecast after stronger-than-expected output in the first half of the year, pending the outcome of summer maintenance work, its Chief Executive said. The company reported a 7% rise in first-half profit after tax on Thursday, helped by strong oil production from its British fields. Read full article

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  • Marcos Alejandro

    http://www.iii.co.uk/investment/detail?code=cotn%3ARKH.L&display=chart

    Say no more..

    Aug 22nd, 2014 - 01:34 am - Link - Report abuse 0
  • paulcedron

    Premier Oil Plc (PMO:London)
    Last 334.70 GBpChange Today -4.60 / -1.36%Volume 1.5MPMO On Other Exchanges
    As of 11:35 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

    Corporate Watch : Premier Oil plc : Corporate Crimes
    http://www.corporatewatch.org.uk/content/corporate-watch-premier-oil-plc-corporate-crimes

    Business
    Premier Oil admits abuses in Burma

    say no more

    Aug 22nd, 2014 - 03:48 am - Link - Report abuse 0
  • Troy Tempest

    2 niño

    ..and how's that Vaca Mierda thing going... ??

    Yeah, I thought not.

    Aug 22nd, 2014 - 06:13 am - Link - Report abuse 0
  • Brit Bob

    'We will consider taking actions through the international courts,' Argentine Foreign Minister responding to Falkland oil exploration February 2020. Why is it taking soooooo l o n g? Chuckle chuckle.

    Aug 22nd, 2014 - 07:25 am - Link - Report abuse 0
  • gordo1

    @ 1 Marquitos Alejandrito

    Nene, exactly what is the connection that Rockhopper has with Premier Oil?

    Aug 22nd, 2014 - 07:34 am - Link - Report abuse 0
  • golfcronie

    @5
    Premier is a partner in the licenses of Rockhopper, in fact it is the controlling entity,
    I believe it controls 60% of the assets of the Sea Lion project.

    Aug 22nd, 2014 - 07:56 am - Link - Report abuse 0
  • lsolde

    Someone is extremely jealous!
    ha ha ha!
    But how can they be?
    They've got a huuuuuuge country just brimming with resources.
    But they want ours,
    Not going to get it!
    Go away & cry,
    Sad

    Aug 22nd, 2014 - 11:16 am - Link - Report abuse 0
  • GALlamosa

    Some sad plonkers working hard to find negative connotations to a positive story. The Falkland is making good progress. The route to partnership and friendship in the SWA is to join in and take advantage of the opportunities it offers, not fight it. Step back and think clearly about the benefits to future generations. Alternatively stick your head back in the sack whilst the world passes you by.

    Aug 22nd, 2014 - 11:19 am - Link - Report abuse 0
  • ChrisR

    It's a small company with a good financial position and when the Falklands come on line it will be a much bigger company.

    Contrast that with all the broken promises that have come out of YPF since the argie was in charge:

    1) No ability to provide oil or gas in meaningful quantities to The Dark Country despite his promises;

    2) No real external investments from any of the majors to develop The Mad Cow Field, oh, bit of a slip there: the Dead Cow Field;

    3) No technical advance in YPF to get the fracking underway but the Moron has announced some tiny oil finds at the site where they are attempting to get fracked gas out of the ground. Why is he surprised, it’s an OIL field? He has already told TMBOA that it’s all going as expected to which she scwreemed “no it isn’t you stupid man, I can’t get “my” money out, there’s none to be robbed”.

    Oh yes, it’s all going to plan: FUBAR.

    Aug 22nd, 2014 - 12:11 pm - Link - Report abuse 0
  • paulcedron

    the bad thing about these small companies like premier oil and rockhopper is that they don't have the knowledge nor the means for exploring or extracting neither oil nor gas.

    they already had a serious accident with the leak of a pipeline in vietnam.
    now they want to contaminate our wonderful mar argentino.

    if they produce another environmental disaster in our wonderful waters, we will impound all the sheeps & penguins of the islets.

    Aug 22nd, 2014 - 01:44 pm - Link - Report abuse 0
  • gordo1

    Comment removed by the editor.

    Aug 22nd, 2014 - 02:03 pm - Link - Report abuse 0
  • reality check

    @11

    The point is surely that with Argentine cooperation, it could have been bigger and the benefits could have bee shared by all.

    Aug 22nd, 2014 - 02:07 pm - Link - Report abuse 0
  • golfcronie

    @12
    The point really is that Argentina has no influence over what happens in the FALKLANDS as regards their oil. At one time they could have influenced it but Bugeyed Nestor ripped the agreement up, something that they really are good at, cutting their noses off to spite their face. VACA MUERTE has been extremely profitable hasn't it?

    Aug 22nd, 2014 - 02:24 pm - Link - Report abuse 0
  • Benson

    “if they produce another environmental disaster in our wonderful waters, we will impound all the sheeps & penguins of the islets.”
    And how would you do that exactly?

    Aug 22nd, 2014 - 03:02 pm - Link - Report abuse 0
  • FI_Frost

    @10

    You seem to excell at talking about things you know little about, but then again, why should you have any expertise or knowledge about a entity hundreds of miles off your coast with zero Argentine influence?

    As to your point, why not DYOR regards the North Sea and Noble Energy, to mentioned one such 'small no-nothing' company flagrantly flouting 'Argentine law and authority' which, let's be honest, is about as respected as your arsewipe of a currency these days.

    Aug 22nd, 2014 - 03:05 pm - Link - Report abuse 0
  • Monkeymagic

    Marcos.

    Say no more is fine...as actions speak louder than words.

    The rig is soon to be arriving for at least 5 more drills. I will take a bet with you that Sealion complex is bigger than 500m barrels after the first Zebedee well.

    If Noble energy strike on Diomedia, it will be hilarious.

    RKH share price is pretty irrelevant, but it is worth 3x what it was in 2010....what is the Argentine peso worth compared to 2010?

    Aug 22nd, 2014 - 05:06 pm - Link - Report abuse 0
  • golfcronie

    @16
    As a significant investor in the companies that are exploring for oil in the FALKLANDS I would add the following. According to Rockhopper they will be targetting
    1) Zebedee estimated gross oil in place 942 million barrels
    2) Isobel/Elaine estimated gross oil in place 241 million barrels
    3) Jayne East estimated gross oil 289 million barrels
    4) Chatham/ Sea Lion West Flank estimated gross oil 225 million barrels
    2nd quarter I understand they will be drilling. Oh incidently Noble have slots as does Argos who are looking for a partner.
    8 no. wells I believe will be drilled.

    Aug 22nd, 2014 - 05:28 pm - Link - Report abuse 0
  • Briton

    Argentina is so broke, they cant even take action against you,
    they have no boats , no seamen , no chance..lol

    Aug 22nd, 2014 - 06:26 pm - Link - Report abuse 0
  • Pete Bog

    @10“ if they produce another environmental disaster in our wonderful waters, we will impound all the sheeps & penguins of the islets.”

    Or you could arrest and put into prison anyone associated with Falklands hydrocarbon development?

    (Although Argentina has threatened this since 2010 and we are still waiting for something to happen...yawn.......).

    Aug 22nd, 2014 - 11:46 pm - Link - Report abuse 0
  • Escoses Doido

    @10

    Vee vill impound all zer sheeps und pengvins!

    You German? Or did ye mean sheep?

    Aug 23rd, 2014 - 03:20 am - Link - Report abuse 0
  • Marcos Alejandro

    Comment removed by the editor.

    Aug 23rd, 2014 - 04:14 am - Link - Report abuse 0
  • paulcedron

    escoSes dildo
    and you imbecile or just ignorant?
    it is escoces with C, you dumbass

    Aug 23rd, 2014 - 03:00 pm - Link - Report abuse 0
  • Escoses Doido

    @22 Paullie

    You don't get the joke in my name do you?

    Imbecile? LMAO at you!!!

    Falling off my seat!!!

    Aug 23rd, 2014 - 03:06 pm - Link - Report abuse 0
  • Islander1

    Paulecdron- I have no idea what the safety standards are in Vietnamese waters - do you?
    but I do know that the standards applied in the Falklands are top grade British and European North Sea Standards - there are none higher.
    Secondly you show your total ignorance - the fields are north and south of the Islands - Which was do the currents and winds blow you idiot?

    Aug 23rd, 2014 - 06:25 pm - Link - Report abuse 0
  • Leiard

    Meet Sid the Sheep who is worth a whopping £152,000

    http://www.express.co.uk/news/uk/502330/Meet-Sid-Sheep-worth-a-whopping-152-000-price-TWO-Porsches

    Aug 23rd, 2014 - 07:38 pm - Link - Report abuse 0
  • EscoSes Doido

    @24
    Has he got a sister?

    Aug 23rd, 2014 - 10:33 pm - Link - Report abuse 0
  • ChrisR

    @ 26 EscoSes Doido
    “Has he got a sister?”

    I can see where you are going with this, but TTT isn't ready for his first sexual experience with a female. :o)

    Aug 23rd, 2014 - 10:40 pm - Link - Report abuse 0
  • EscoSes Doido

    @27
    Okay, but remind him about he clif edge.

    Aug 24th, 2014 - 12:29 am - Link - Report abuse 0
  • paulcedron

    24 imbecile
    “...blablabla...but I do know that the standards applied in the Falklands are top grade British...blablabla... there are none higher”

    you must be joking, no?
    the british are the responsibles of the biggest disaster regarding oil exploration & extraction.
    their standards are the poorest worldwide.

    Aug 25th, 2014 - 03:03 pm - Link - Report abuse 0

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