Harbour Energy PLC (OTCPK:HBRIY)
$ 3.388 0 (0%) Market Cap: 4.59 Bil Enterprise Value: 5.51 Bil PE Ratio: 28.23 PB Ratio: 1.68 GF Score: 46/100

Q2 2019 Premier Oil PLC Trading Statement Call Transcript

Jul 17, 2019 / NTS GMT
Unidentified Participant

Welcome to BRR Media Satellite. Welcome back Tony Durrant, who's the CEO of Premier Oil. Good morning to you, Tony.

Anthony R. C. Durrant
Premier Oil plc - CEO & Executive Director

Good morning, Scott. How are you?

Unidentified Participant

Very well, thank you.

Questions & Answers

Unidentified Participant

Tony, it's been a strong period for you, strong production and also cash flow as well. Tell us more?

Anthony R. C. Durrant
Premier Oil plc - CEO & Executive Director

Yes. We've had another good 6-month performance first half of this year. Strong cash flows and in particular, very high operating efficiency from our main producing assets. So that's enabled us to have another record first half production of 84,000 barrels a day. Particular credit to our Catcher field in U.K. North Sea, which has 99% operating efficiency for the first half, which is excellent. We obviously plan to carry that forward into the

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