Upstream oil and gas company Premier Oil plc (PMO.L) Thursday reported higher production for the first four months of the year and maintained its full-year production guidance.
For the first four months of the year, the firm said production averaged 58.0 kboepd, higher than 56.1 kboepd produced during the corresponding prior-year period.
For the first half, the company expects to produce anywhere between 58 and 60 kboepd while it was 58.4 kboepd for the comparable period last year.
The firm also reiterated the full-year production guidance of 65-70 kboepd.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.