Oil Hedged24 Mar 2020 10:03
Premier has hedged c. 30 per cent of its full year 2020 oil and gas entitlement production at an average oil equivalent price of $60/bbl. This includes 40 per cent of the Group's oil production for the first half of the year hedged at $64/bbl. A full schedule of the Group's hedging programme is set out at the end of this statement and is consistent with that released in the Group's 2019 Full Year results.