Q2 2019 Premier Oil PLC Trading Statement Call Transcript

Feb 13, 2024

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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 and 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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