Premier Oil

Zama delivers up to best expectations

  • Sectors : Resource
  • Companies : Premier Oil

Ratings and price correct at time of issue.

  • Premier Oil

    Closing Price: 68.3p

  • RATING 20/06/14

  • PREVIOUS RATING 03/04/12

    OUTPERFORM

DAVY VIEW

The Zama appraisal well has delivered up to best expectations with a good possibility that the bias for metrics estimating recoverable oil has shifted upwards. The well is important for Premier, providing a reminder of the value-add of exploration and also adding to the strategic options within the group’s asset profile.

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Jan 24 2019, 08:30 GMT

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