News

Premier Announces Completion of Zamzama Phase 1 Development

Premier Announces Completion of Zamzama Phase 1 Development inv.adminuser Thu, 07/17/2003 – 00:00 17 Jul 2003 Premier is pleased to announce the completion of both the Zamzama Phase I Development in Sindh Province in Pakistan, and the first contractual commercial gas deliveries to customers from the new facilities. Phase I was completed nearly four months ahead of schedule and under the original US$100 million budget. Approved in March 2002, Phase

Publication of Premier Oil´s first Sustainability Performance Report

Publication of Premier Oil´s first Sustainability Performance Report inv.adminuser Tue, 07/15/2003 – 00:00 15 Jul 2003 To download the pdf, please click here Premier Oil is pleased to announce that it is today publishing the Premier Oil Sustainability Performance Report 2002. This is the first time that Premier Oil has published an integrated social, economic and environmental document. The report was written in accordance with the reporting framework recommended by

Annual General Meeting - Resolutions passed

Annual General Meeting – Resolutions passed inv.adminuser Tue, 07/15/2003 – 00:00 15 Jul 2003 Premier is pleased to announce that at the Annual General Meeting which was held on 15 July 2003, all resolutions were passed. 15 July 2003   AGM Resolutions Resolution 1 – Report & Accounts   For 637324189 Against 294347 Abstain 720080     Resolution 2 – Directors Remuneration   For 549528156 Against 60344440 Abstain 28479426  

Restructuring update

Restructuring update inv.adminuser Tue, 07/15/2003 – 00:00 15 Jul 2003 Premier is pleased to announce that the next step in its corporate restructuring, the Court hearing in order to sanction the scheme of arrangement, took place at the Court of Session, Edinburgh on 9 July 2003 and that the scheme became effective earlier today. As a result, the Premier group of companies has a new holding company which, through changes

AGM Statement

AGM Statement inv.adminuser Tue, 07/15/2003 – 00:00 15 Jul 2003 Statement at Annual General Meeting Premier is an independent exploration and production company with gas and oil interests principally in the UK, Pakistan, Indonesia and West Africa. At today’s Annual General Meeting, Sir David John, Chairman, made the following comments: “2002 was a milestone year – the culmination of several years of financial and operational performance. The restructuring will be

Premier Revives North Sea Exploration and Sells Non-Core UK Assets

Premier Revives North Sea Exploration and Sells Non-Core UK Assets inv.adminuser Fri, 07/11/2003 – 00:00 11 Jul 2003 Entry to UK Moray Firth Licence Premier is pleased to announce that it has signed an agreement with Reach Exploration Limited (“Reach”) to acquire a 50% interest in licence P1048 in the Moray Firth blocks 20/10b, 21/6a, 20/15a and 21/11b. The licence is on trend with the Buzzard discovery. Reach will retain

Restructuring Update - Approval Received

Restructuring Update – Approval Received inv.adminuser Wed, 07/02/2003 – 00:00 02 Jul 2003 Premier is pleased to announce, in connection with its corporate restructuring, that details relating to the Yetagun pre-emption have now been finalised and formal Government approval from the Myanmar authorities for the transfer of the Myanmar business has been received. Premier now expects the Court hearing regarding Premier’s scheme of arrangement to take place on 9 July