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Premier Oil Four-months Production Up, Reiterates Full-year Production View

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.

by RTTNews Staff Writer

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