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5 Jun 2020 07:59

Premier Oil amends terms for BP acquisitions

(Sharecast News) - Premier Oil announced amended terms for the acquisition of the Andrew Area and Shearwater assets, or the 'BP acquisitions', with cash payable at completion reducing to $210m (£165.98m).

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5 Jun 2020 07:42

Premier Oil agrees deal with top creditor ARCM over buying BP assets

LONDON, June 5 (Reuters) - Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around...

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13 May 2020 14:47

Premier Oil outlook is uncertain, Berenberg says

(Sharecast News) - Premier Oil's outlook is unclear after a mixed trading statement, Berenberg analysts said as they kept their 'hold' rating on the company's shares.

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13 May 2020 13:42

Wednesday broker round-up

(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.

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13 May 2020 11:56

Premier Oil Lowers Annual Output Guidance As Virus Hurts Operations

Premier Oil Lowers Annual Output Guidance As Virus Hurts Operations

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13 May 2020 09:13

UPDATE 2-London stocks drop as economy shrinks at record pace in March

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* First-quarter GDP falls 2%, likely to worsen in April* Aston Martin plunges as lockdowns hammer demand* FTSE 100 down 1.5%, FTSE 250 off 1.8% (Adds comments, updates prices t...

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13 May 2020 08:54

Premier Oil expects to be cash flow neutral in 2020

(Sharecast News) - Premier Oil said it expected to be cash flow neutral in 2020 as hedges against falling oil prices help support its finances.

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13 May 2020 08:33

UPDATE 2-Premier Oil in talks with BP to cut price for North Sea oilfields

(Releads, adds quotes, background)By Shadia NasrallaLONDON, May 13 (Reuters) - Premier Oil is asking BP to cut the sale price of two North Sea oilfields in a proposed $625 million deal due to weak oil prices, Chief Executive Tony Durrant said on W...

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13 May 2020 07:45

UPDATE 1-Premier oil expects to be cash flow neutral in 2020

(Adds quotes, background)By Shadia NasrallaLONDON, May 13 (Reuters) - Oil and gas producer Premier Oil said on Wednesday that it expects to be free cash flow neutral this year due to weak oil prices, adding it would engage with stakeholders over e...

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12 May 2020 16:04

Petrobras again delays Garoupa oilfield offer as faces new setbacks - sources

By Gram SlatteryRIO DE JANEIRO, May 12 (Reuters) - Petrobras has delayed the submission of binding offers for an oilfield cluster known as Polo Garoupa for a fourth time, two sources with knowledge of the matter told Reuters, as investor appetite ...

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5 May 2020 15:49

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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1 May 2020 14:04

Rockhopper Exploration Says Sea Lion Pact Deadline Pushed Back

Rockhopper Exploration Says Sea Lion Pact Deadline Pushed Back

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29 Apr 2020 14:52

Court allows Premier Oil to delay debt repayment, raise equity for BP deal

LONDON, April 29 (Reuters) - A British court on Wednesday approved Premier Oil's plans to extend debt maturities by two years and raise up to $500 million in equity to buy North Sea assets from BP and others, but the deal depends on market condit...

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29 Apr 2020 13:29

Wednesday broker round-up

(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.

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29 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: Citi Boosts Royal Mail To Buy From Sell

UK BROKER RATINGS SUMMARY: Citi Boosts Royal Mail To Buy From Sell

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