Welcome to Premier Oil

Premier Oil plc is a growing FTSE 250 oil and gas exploration and production company with current interests in eight countries around the world.

Our target is to deliver growth by building three quality businesses, in the North Sea, the Middle East/Pakistan and South East Asia.

The Strategy

• Grow near-term production to 75,000 barrels of oil equivalent per day from existing 2P reserves of 261 million barrels of oil equivalent
• Deliver further growth by commercialising contingent resource base of 228 million barrels of oil equivalent
• Add 200 million barrels of reserves through exploration by focusing on core geologies
• Make value-adding acquisitions in our three core areas
• Maintain a conservative financing plan

• Latest news
  • 19 January - Trading and Operations Update
  • 16 January - Completion of the recommended acquisition of Encore Oil plc
  • 13 January - Reduction of capital
  • 12 January - Preliminary result of Encore Shareholder Elections
  • 11 January - Recommended aquisition of Encore Oil plc plc -Sanction of the Court
  • 23 December - Sidetrack to Erne discovery, UK North Sea
  • 12 December - Results of EnCore shareholder meetings
  • 1 December - Discovery at Erne, UK North Sea