Download full report with analyst certification and important disclosures
May 13 2020, 08:55 IST/BST
It is a tough market all round for the oil industry and Premier Oil is no exception. It is dealing with low oil prices and COVID restrictions, like the rest of the industry, but is also trying to complete an acquisition involving delicate debt negotiations, not helped by an active and material dissident shareholder. Fortunately, it came into the year in reasonable shape on the back of improving high margin production and a decent growth portfolio.
May 13 2020, 08:55 IST/BST