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Montevideo, March 29th 2024 - 07:47 UTC

Tag: record production

  • Friday, March 8th 2019 - 09:11 UTC

    Premier Oil reports 2018 profit as a result of record production

    Premier Oil CEO Tony Durrant: “2018 saw higher production, positive free cash flow and a return to profitability. The Group is ahead of plans to restore balance sheet strength and remains focused on c

    UK-based oil and gas firm Premier Oil with interests in the Falkland Islands has announced its full-year results for 2018, reporting a post-tax profit hike to US$ 133.4m as a result of record production. These full-year results are a ‘return to profitability’ from 2017’s full-year loss of US$ 253.8m.