Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Premier Oil reduces 2020 output forecast to 61-64k boe/d

Thu, 12th Nov 2020 07:10

LONDON, Nov 12 (Reuters) - Premier Oil on Thursday
reduced its 2020 production outlook to 61,000-64,000 barrels of
oil equivalent per day due to problems at its Catcher field and
plans to issue a prospectus in December for its planned merger
with bigger rival Chrysaor.

It had previously forecast output of 65,000-70,000 boe/d.

(Reporting by Shadia Nasralla; Editing by Edmund Blair)

Related Shares

More News
31 Mar 2021 17:55

Premier Oil to become Harbour Energy as Chrysaor merger completes

Premier Oil to become Harbour Energy as Chrysaor merger completes

31 Mar 2021 07:27

UPDATE 1-Premier Oil-Chrysaor to trade as Harbour Energy from Thursday

* FACTBOX private equity deals in UK North Sea* Jefferies analysts see Harbour market cap around $6 bln (Adds detail, background)LONDON, March 31 (Re...

31 Mar 2021 07:10

Premier Oil-Chrysaor to trade as Harbour Energy from Thursday

LONDON, March 31 (Reuters) - The merger of Chrysaor and Premier Oil is due to complete on Wednesday, creating Harbour Energy, the UK North Sea's big...

29 Mar 2021 15:13

EXECUTIVE CHANGES: F&C Investment Trust hires CBI chief economist

EXECUTIVE CHANGES: F&C Investment Trust hires CBI chief economist

26 Mar 2021 19:31

Talos still in talks with Mexico's Pemex despite missed deadline

MEXICO CITY, March 26 (Reuters) - Talks between Mexico's state-owned Pemex and Talos Energy about developing a major offshore oil deposit are contin...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.