BNET Industries
Market Cap:$146.5M
Last Fiscal Year Sales:$578.2M
- Public
- UK
Dow Jones Description
Premier's core values complement and support our strategy. These values are at the heart of all our day to day activities as well as being reflected in our policies and procedures. At the centre of these values is creativity, the heart of our business. The foundations of the company rest on professionalism and respect, and our spirit comes from our tenacity and dynamism.
Senior Positions Including Chief Executive Officer of Elf Uk
Michel RomieuNumber of Employees 360
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Premier Oil Promotes Mike Welton to Chairman
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Premier Picks Up Additional Stake in Vietnam's Nam Con Son Basin
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Premier Oil Closes Purchase of Oilexco North Sea For US$505MM
News & Analysis
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premier oil plc. - All News and Analysis
Premier Oil 1243 -85 -6.40 Premier Foods 92 -5.25 -5.40 [Derived
Premier Oil__1243__-85__-6.40 Premier Foods__92__-5.25__-5.40 Aegis__110__-5.5__-4.76 Melrose Res__397.25__-16.5__-3.99 Xchanging__259.5__-10.25__-3.80 Moneysupermarket__76__-3__-3.80 Morgan Sindall__594__-18.5__-3.02 Hunting__860.5__-23.5__-2.66 IPF__308__-8__-2.53 Beazley__111.5__-2.75__-2.41
Research and Markets: New Report Examines Premier Oil PLC's Key Business Structure and Operations, History and Products
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c88274) has announced the addition of Premier Oil plc Oil and Gas Assets Report to their offering. Premier Oil plc Oil and Gas Assets Report Global Market Direct's Premier Oil plc Oil and Gas Assets Report is an essential source for company...
Profits fall at Premier Oil.
TIP UPDATE: Hedging charges push headline figures lower, but there's plenty in the pipeline. Martin Li Accounting rules were the main reason for Premier's profit fall. Increasing production and record commodity prices drove operating profit 35 per cent higher, but profit after tax...
Good morning from Vietnam, where theoil businessis booming
Simon Lockett, chief executive of Premier Oil, spends much of his time in Asia, nurturing partnerships to develop the region's reserves. By James Moore 6.50am Premier Oil has operations in 13 countries but no matter which one he happens to be in, chief executive Simon Lockett...
Balfour can profit after escape from Metronet debacle
THE INVESTMENT COLUMN Our view : Buy Share price: 458.25p (-13p) Balfour Beatty was big enough to escape from the wreckage otherwise known as the London Underground contractor Metronet. The business, in which it owned a 20 per cent stake, is now in...
MOL the new name in frame for Premier Oil bid
MARKET REPORT Although the cynical observer might say that talk of a bid for Premier Oil has been so regular it is bound to be correct eventually, at least this time punters had a name and a potential price to get stuck into. The word is...
Premier Oil heats up on takeover rumours
Market Report Oil companies, which have spearheaded the return of takeover chat after the credit crunch all but shut the rumour mill down, were in focus again yesterday. Investors piled into Premier Oil from the opening bell on talk that Santos, an Australian oil and gas exploration group,...
Dry well costs hit Premier Oil.
Premier's figures were hit by write-offs from two unsuccessful wells, but the group's wider exploration programme still holds promise. Anthony Lugg Premier's production rose 5 per cent to an average of 34,100 barrels of oil a day in the first half, but it was...
Awilco Offshore ASA secures contract for new jack-up drilling rig WilBoss from Premier Oil Vietnam Offshore BV
NORDIC BUSINESS REPORT-20 August 2007-Awilco Offshore ASA secures contract for new jack-up drilling rig WilBoss from Premier Oil Vietnam Offshore BVC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian offshore drilling rigs and accommodation units company Awilco Offshore ASA said on Monday (20 August) that it has secured a contract for its...
Research and Markets: Premier Oil plc Strategic Analysis Profile Available for Review Today
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c65433) has announced the addition of Premier Oil plc Strategic Analysis Profile to their offering. This profile is an essential source for data, analysis and strategic insight into this company. The report examines Premier Oil plc's business structure and operations, history and products,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michel Romieu | Senior Positions Including Chief Executive Officer of Elf Uk |
| Andrew Lodge | Vice President, Exploration, Responsible for Europe, North Africa, Asia and Australia |
| Neil Hawkings | General Manager, Operations |
| Tony Durrant | Director, Finance |
| David Roberts | Non-Executive Director |
| Mary Pert | External Relations Co-Ordinator |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David John | Chairman |
| David Lindsell | Board of Directors |
| Joe Darby | Board of Directors |
| John Orange | Board of Directors |
| Robin Allan | Board of Directors |
| Simon Lockett | Board of Directors |
Michel Romieu joined Premier's Board as a non-executive director in January 2008. Mr Romieu has over 30 years experience in the international energy sector, including 25 years with the Elf Group, where he held several senior positions including Chief Executive Officer of Elf UK and the group's Gas Division. During his period as CEO of Elf UK, he was elected President of the UK Offshore Operator's Association for the year 1995. On his retirement from Elf in 2000, Mr Romieu became Director for Gas of CRE, the French energy regulator, a position he held until 2003. He has established his own consultancy specialising in providing advice to the gas industry, and is a lecturer at the French Petroleum Institute. Mr Romieu is also President of Uprigaz.
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Senior Positions Including Chief Executive Officer of Elf Uk | Current |
| Uprigaz | President | Current |
| Premier Oil Plc | Board of Directors | Current |
Andrew Lodge joined Premier's Board as Exploration Director in April 2009 from Hess where he was Vice President, Exploration, responsible for Europe, North Africa, Asia and Australia for nine years. Previously, he was Vice President, Exploration, Asset Manager and Group Exploration Advisor for BHP Petroleum, based in London and Australia. Prior to joining BHP Petroleum, Andrew worked for BP as a geophysicist. He has an honours degree in Mining Geology from the University of Wales and a Masters in Applied Geophysics from the University of Leeds. He is a fellow of the Geological Society.
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Vice President, Exploration, Responsible for Europe, North Africa, Asia and Australia | Current |
| Premier Oil Plc | Board of Directors | Current |
| BHP Petroleum | Vice President, Exploration | Former |
| BHP Petroleum | Asset Manager | Former |
| BHP Petroleum | Group Exploration Advisor | Former |
| University of Leeds | Masters In Applied Geophysics | Former |
| University of Wales | Degree In Mining Geology | Former |
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | General Manager, Operations | Current |
| Premier Oil Plc | Board of Directors | Current |
| Premier Oil Plc | Director, Operations | Former |
| Premier Oil Plc | General Manager, Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Director, Finance | Current |
| Premier Oil Plc | Board of Directors | Current |
| Premier Inc. | Finance Director | Former |
| Lehman Brothers Holdings Inc. | oil sector analyst | Former |
| Organization | Position | Status |
|---|---|---|
| Marine.Com, Inc. | Founder | Current |
| Premier Oil Plc | Non-Executive Director | Current |
| Marine.Com, Inc. | Editor | Current |
| Geophysical Exploration Technology Ltd | Board of Directors | Current |
| Premier Oil Plc | Board of Directors | Current |
| University of Southampton | Fellow | Current |
| Manchester University | D.Sc. | Former |
| Manchester University | B.Sc. | Former |
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | External Relations Co-Ordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Bsi Management Systems America, Inc. | Executive Chairman | Current |
| Premier Oil Plc | Chairman | Current |
| Loanrateshop | Chairman | Current |
| The British Standards Institution | Chairman | Current |
| Balfour Beatty Plc | Chairman | Current |
| Premier Inc. | Chairman | Former |
| The BOC Group plc | Non-Executive Chairman | Former |
| Balfour Beatty Plc | Board of Directors | Former |
| The British Standards Institution | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| British Nuclear Fuels Plc | Senior Independent Director | Current |
| Shell Petroleum Inc | Petroleum Engineer | Current |
| British Nuclear Fuels Plc | Board of Directors | Current |
| Premier Oil Plc | Board of Directors | Current |
| Faroe Petroleum Plc | Chairman | Former |
| Mowlem PLC | Chairman | Former |
John Orange, joined Premier's Board as a non-executive director in February 1997. He held a variety of senior international management and legal posts during his 30 years with the BP Group. Mr Orange is Premier's senior independent non-executive director, Chairman of the Remuneration Committee and a member of the Audit and Risk and Nomination Committees.
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Board of Directors | Current |
| Premier Inc. | non-executive director | Former |
Robin Allan, joined Premier from Burmah Oil in 1986 working initially as a geologist. After technical and new venture roles he spent six years in South East Asia initially managing Premier's Asian existing and new venture business and later becoming Premier's Country Manager in Indonesia. He became a member of the Premier Board on 9 December 2003 as Director of Business Development.
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Board of Directors | Current |
| Premier Inc. | Director of Business Development | Former |
| Premier Oil Plc | Director, Business Dev | Former |
| Organization | Position | Status |
|---|---|---|
| Premier Oil Plc | Board of Directors | Current |
| Premier Oil Plc | CEO | Former |
| Premier Inc. | Director of Operations | Former |
| Premier Oil Plc | Director, Operations | Former |
| Premier Oil Plc | Country Manager | Former |
| Premier Inc. | member | Former |
Executive News
-
The outlook for the oil price: Bust and boom
-
Bust and boom
| Volume | 51,414 |
| Shares Outstanding | 13.0M |
| Market Cap | 146.5M |
| Year High | 11.60 |
| Year Low | 8.75 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.7956 |
| Yield | 7.0846 |
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