News

Mauritania Drilling Update

Mauritania Drilling Update inv.adminuser Tue, 11/16/2004 – 00:00 16 Nov 2004 Premier reports the following activity offshore Mauritania. Tiof-4 Appraisal well The “Stena Tay” drill rig arrived at the Tiof-4 location on 9 November and drilled the bottom hole section to a final total depth of 2908 metres. Evaluation of logs acquired while drilling and wireline logging operations, including fluid sampling and downhole pressure measurements, has established that the well

Premier Oil Supports Hospital in Guinea Bissau

Premier Oil Supports Hospital in Guinea Bissau inv.adminuser Tue, 11/16/2004 – 00:00 16 Nov 2004 On Thursday the 11 November, the Simao Mendes Hospital in Bissau, Guinea Bissau, opened its rebuilt maternity ward. The project was funded by Premier Oil, a leading independent oil and gas company listed on the London Stock Exchange. The rebuilding of the maternity ward of the Simao Mendes Hospital, Guinea Bissau’s largest hospital, has taken

Mauritania Drilling Update

Mauritania Drilling Update inv.adminuser Fri, 11/05/2004 – 00:00 05 Nov 2004 Premier reports that the Capitaine-1A well on PSC B offshore Mauritania has been drilled to a total depth of 3,130 metres. Initial evaluation of drilling data indicates that the well has not encountered hydrocarbons. Some good quality early Miocene age sands have been intersected but are interpreted as water bearing. The well is currently being wireline logged and evaluation

Apache Resumes Production at North Sea Forties Field

HOUSTON, Nov 3, 2004 /PRNewswire-FirstCall via COMTEX/ — Apache Corporation (NYSE, Nasdaq: APA) said today that production from its Forties Field located 140 miles northeast of Aberdeen in the United Kingdom sector of the North Sea has resumed after being down for a period of 27 hours. The field shut-down occurred early Tuesday morning, Nov. 2, after an electric power failure on the Forties Charlie platform, which provides the transportation

Chesapeake Energy Corporation Posts Strong Results for the 2004 Third Quarter and Increases Production Forecasts for the Twelfth Consecutive Quarter

Company Reports 2004 Third Quarter Net Income Available to Common Shareholders of $86 Million on Revenue of $630 Million and Production of 94.2 Bcfe; Excellent Drilling Results Drive Production Forecasts Higher; Company Now Sees Production Growth of At Least 33% in 2004, 14% in 2005 and 8% in 2006 Chesapeake Energy News

Adoption of US Dollar Financial Statements

Adoption of US Dollar Financial Statements inv.adminuser Fri, 10/22/2004 – 00:00 22 Oct 2004 Premier announces that it is to adopt the US dollar as the reporting currency of the group going forward. The majority of Premier’s revenue and expenditure is transacted in US dollars, despite being a UK company headquartered in London. By adopting the US dollar for reporting purposes, the Board believes that the accounts will give a