Company report
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12 Pages

Premier corporate report

Premier corporate report

Report summary

Premier reacted quickly to adjust its operations to low oil prices, leveraging a high level of portfolio flexibility. We expect the company to emerge on a firmer financial footing but 2015 will be a pivotal year.

What's included?

This report includes 3 file(s)

  • Premier corporate report PDF - 346.14 KB 12 Pages, 6 Tables, 12 Figures
  • Premier Interim Report.xls XLS - 428.50 KB
  • Premier Corporate Report.xls XLS - 3.63 MB


The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Company report offers thought-provoking insight into corporate financial health, investment strategy and operational outlook supported by our proprietary asset data and energy research experts.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Executive summary
  • Strategy
    • Strategic positioning as oil prices collapsed
    • Strategic action to date
    • Impact on financial outlook
      • Key risk to our near-term outlook
    • Impact on key performance metrics
    • Options to free up additional capital
    • Near-term exploration and maybe a return to M&A
  • Economic assumptions
    • Wood Mackenzie Corporate Service: our response to low oil prices
    • Economic assumptions

In this report there are 18 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Strategy
    • Share price performance
    • Market premium/discount to WM base-case NPV10
    • Projected year-end net debt outlook
    • Projected annual cash flow breakeven (Brent)
    • Breakdown of upstream cash flow by country
    • Net upstream cash flow
    • Premier production outlook
    • Premier change in development spend
    • Probable developments: capital spend outlook
    • Year-end net debt outlook sensitivities
  • Economic assumptions
    • Economic assumptions: Table 1
    • Base price assumptions (nominal terms)
    • Base, high, and low Brent (nominal terms)
    • Economic assumptions: Table 2
    • Economic assumptions: Table 3
    • Economic assumptions: Table 4
    • Economic assumptions: Table 5
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Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.