Premier Oil上半年盈利且成本下降

UK-registered Premier Oil reported August 18 a first half profit of $167.1mn, a rebound from its first-half loss last year of $375.2mn.The figure includes a $106.9mn negative goodwill credit, being the below-market price paid for E.ON’s UK assets. The $120mn deal (plus working capital adjustments) was approved in April. In January, the company said it would add “significant production and associated cash flow in 2016 and 2017 even at current oil and gas prices.”

Premier also has production in Indonesia, Pakistan and Vietnam. Offshore Mauritania, however, its net H1 production from the offshore Chinguetti field was just 356 b/d and Premier said that it and partners are targeting cessation of production by end-2016, with operator Malaysian state Petronas having filed a formal decommissioning plan to the Mauritanian government on June 29. Separately, Premier said front-end engineering for its Sea Lion Phase 1 venture off the Falkland Islands is “progressing well” and that cost reductions have lowered the project’s current breakeven oil price estimate to $45/bbl.