Strategy Strategy Progress Production forecast (kboepd Net) Targeting On target to deliver 90 Fry production growth 50,000 boepd by 80 70 Gajah Baru, Chim So/Dua, Alur Siwah Existing producing fields to 50,000 boepd by end 2010…
Year end 2006 vs 2007 reserves and resources 2P Reserves and Contingent Resources (mmboe) 400 Contingent Resources 350 Acquisitions Additions and Revisions 300 Production Reserves 250 200 150 100 50 0 2006 Production…
Premiers financial strength Strong balance sheet position (425m cash at 30 April 2008) Pre-funded 1bn capital programme: 7-year 250m convertible issued on favourable terms in May 2007 Undrawn bank facilities of around 225m Over…
Share price performance Premier Oil share price performance over 5 years 2000 1800 1600 1400 Share price (p) 1200 1000 800 600 400 200 0 May-03 May-04 May-05 May-06 May-07 May-08 June 2008 - Page 5
Summary Major progress in 2007: Delivered value through acquisitions Signed gas sales agreements Advanced development projects Added significant reserves and resources On target to deliver 50,000 boepd by end 2010 Potential to…
Resolution 1 Adoption of the Report of Directors, the Auditors Report, and the Financial Statements of the Company for the year ended 31 December 2007 For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting…
Resolution 2 Approval of the Remuneration Report for the year ended 31 December 2007 For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,124 45,523,090 87 1,457,196 56 3,435,347 96.90%…
Resolution 3 Election of Mr J Darby as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,200 50,192,637 35 211,253 23 11,743 99.58% 0.42% June 2008 - Page 10
Resolution 4 Election of Mr D Lindsell as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,198 50,189,969 38 214,597 22 11,067 99.57% 0.43% June 2008 - Page 11
Resolution 5 Election of Mr M Romieu as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,179 50,249,876 54 154,094 24 11,663 99.69% 0.31% June 2008 - Page 12
Resolution 6 Re-election of Sir David John as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,188 50,161,876 53 246,798 17 6,959 99.51% 0.49% June 2008 - Page 13
Resolution 7 Re-election of Mr J R W Orange as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,181 48,091,217 60 1,628,380 25 696,036 96.72% 3.28% June 2008 - Page 14
Resolution 8 Re-election of Mr R A Allan as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,207 50,189,042 32 218,937 19 7,654 99.57% 0.43% June 2008 - Page 15
Resolution 9 Re-election of Mr A R C Durrant as a Director For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,205 50,261,098 33 146,934 20 7,601 99.71% 0.29% June 2008 - Page 16
Resolution 10 Reappointment of Deloitte & Touche LLP as auditors For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,189 47,978,913 51 1,159,319 28 1,277,435 97.64% 2.36% June 2008…
Resolution 11 Authority to issue a limited number of shares in the Company per s80 Companies Act 1985 For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,176 50,366,620 57 35,911 25…
Resolution 12 - Increase in authorised share capital by creation of three Non-Voting Convertible Shares of 17.5p - Consolidation and redesignation of Non-Voting Convertible Shares into Ordinary Shares; and - Adoption of new Articles…
Resolution 13 Authority to allot equity securities for cash, per s95 Companies Act 1985 For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,150 50,131,490 75 270,813 34 13,330 99.46%…
Resolution 14 Authority to purchase own shares For Against Votes Withheld Holders Votes Holders Votes Holders Votes Voting Voting Voting 1,186 50,063,438 56 341,752 16 10,443 99.32% 0.68% June 2008 - Page 21
Loading...
