Search ABOUT US OPERATIONS CORPORATE RESPONSIBILITY INVESTORS CAREERS MEDIA CENTRE About us Premier at a Glance CEO Introduction Premier at a Glance Our Values Vision, Strategy and Business Model Group Structure Board of Directors Board Committees Governance Our History Worldwide Offices Premier at a Glance Premier is an international oil and gas exploration and production company The company’s strategy is to grow shareholder value by investing in high quality production and development opportunities while maintaining exposure to upside value from successful exploration within a strict capital discipline framework. We seek to maintain the highest standards of corporate responsibility. Well-established international operator International oil and gas exploration and production company Experienced management team with deep industry knowledge Production spread across three regions, diversifying risk Reserves and resources of around 835 mmboe as at 31 December 2016 Financial discipline and balance sheet focus Conservative hedging policy protects cash flow Operating cash flow of US$431 million in 2016 Low cost base and commitments Cash and undrawn facilities of around US$600 million Focus on delivering balance sheet debt reduction Growing the underlying value of the business Seek to maximise value from our low cost, stable production base to generate long term cash flows Cash flows are either used to reduce our net debt, invested in high return opportunities, or distributed to shareholders, if appropriate Develop high quality assets in parts of the world where we have a strategic or operational advantage, for example UK – strong business unit and considerable tax assets South East Asia gas market – long term (2029) gas contracts delivering volumes into Singapore North Falklands Basin – dominant business with access to a material resource base Premier’s exploration focus remains on under-explored but proven hydrocarbon basins Add high quality assets to the portfolio through selective acquisitions at low points in the commodity price cycles LATEST REPORT Download our 2016 Annual Report below. Download PDF Download our 2016 CR Report below. Download PDF INVESTOR LINKS Share Price Results Centre Financial Calendar Presentations MEDIA LINKS Press Releases Press Pack Media Library Media Contacts RSS & EMAIL ALERTS Keep up to date with Premier's latest news by signing up for Email Alerts or using the RSS link. Sign up for Email Alerts Subscribe to RSS © Premier Oil 2017. All rights reserved. Contact Us Legal and Cookies Accessibility Email Alerts