- Today's Hot Chat Topics
- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Premier Oil ShareCast News (PMO)
ShareCast News for Premier Oil (PMO)
| Share Price: 365.30 | Bid: 365.50 | Ask: 366.00 | Change: 0.00 (0.00%) |  | ||||||
| ||||||||||
London pre-open: FTSE to track US stocks higher
Wed, 6th Jun 2012 07:24
City sources predict the FTSE 100 will open up 35 points from Friday's close of 5,260, tracking US stocks higher following the UK bank holiday weekend.
The merger of HSBC's Omani operations with Oman International Bank (OIB) has been approved, giving the global banking giant a majority interest. HSBC Bank Middle East first announced its intention to combine with OIB, Oman's fifth-largest bank, on April 18th in an attempt to expand its presence in a "key Gulf economy". It has now been officially approved by the Ministry of Commerce & Industry in Oman. HBSC owns 51% in the new entity, named HSBC Bank Oman, which begins operating on Wednesday.
Energy firm Premier Oil has had an encouraging drilling result on the Carnaby exploration well 28/09-5A in the Central North Sea Block 28/9. Initial analysis indicates that the well encountered 51 feet of net oil in the main Tay sandstone within an estimated 86 feet oil column. Pressure data and sampling indicates that the API (American Petroleum Institute) gravity of the oil is 24 degrees and is of similar quality to that established at the nearby Catcher discoveries.
Telecoms giant Vodafone has confirmed that it is talking with Australian peer Telstra about buying its New Zealand subsidiary, TelstraClear. The division was first created in 2001 through the combination of Telstra unit TelstraSaturn and BT's Clear Communications; it is now one of New Zealand's biggest full-services telecommunications groups and has around 300,000 customers. According to the Financial Times, the deal could be worth around A$300-400m, or £191-255m.
The merger of HSBC's Omani operations with Oman International Bank (OIB) has been approved, giving the global banking giant a majority interest. HSBC Bank Middle East first announced its intention to combine with OIB, Oman's fifth-largest bank, on April 18th in an attempt to expand its presence in a "key Gulf economy". It has now been officially approved by the Ministry of Commerce & Industry in Oman. HBSC owns 51% in the new entity, named HSBC Bank Oman, which begins operating on Wednesday.
Energy firm Premier Oil has had an encouraging drilling result on the Carnaby exploration well 28/09-5A in the Central North Sea Block 28/9. Initial analysis indicates that the well encountered 51 feet of net oil in the main Tay sandstone within an estimated 86 feet oil column. Pressure data and sampling indicates that the API (American Petroleum Institute) gravity of the oil is 24 degrees and is of similar quality to that established at the nearby Catcher discoveries.
Telecoms giant Vodafone has confirmed that it is talking with Australian peer Telstra about buying its New Zealand subsidiary, TelstraClear. The division was first created in 2001 through the combination of Telstra unit TelstraSaturn and BT's Clear Communications; it is now one of New Zealand's biggest full-services telecommunications groups and has around 300,000 customers. According to the Financial Times, the deal could be worth around A$300-400m, or £191-255m.
Premier Oil awarded three blocks in Brazil
Premier Oil has been awarded three blocks in Brazil's 11th Round held in Rio de Janeiro.[16 May '13]
Premier Oil ups forecast for first half of 2013
Premier Oil has forecast first half production to be in the range of 58-60,000 barrels of oil equivalent per day (boepd), compared to 58,400 boepd in thesame period last year.[16 May '13]
Tuesday broker round-up UPDATE
Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation.[14 May '13]
Premier Oil delivers results of gas testing at Matang
Premier Oil has said that following testing on the Matang gas discovery, the structure remains in line with the pre-drill estimate of 100 to 400bn cubic feet.[13 May '13]
London pre-open: FTSE to open unchanged
City sources predict the FTSE 100 will open unchanged from Friday's close of 6,521 following the Bank Holiday weekend.[7 May '13]
Tuesday broker round-up UPDATE
Admiral Group: JP Morgan reduces target price from 1246p to 1108p downgrading to underweight.[7 May '13]
Premier Oil reports successful drill test on Luno II
Premier Oil has reported the successful well test of the Luno II discovery, in which it has a 30 per cent interest.[7 May '13]
London close: FTSE 100 jumps two per cent on stimulus hopes
Markets on the whole shrugged off disappointing data from the Chinese manufacturing sector on Tuesday, as decent corporate earnings and stimulus hopes in Europe pushed the FTSE 100 two per cent higher.[23 Apr '13]
