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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Exploration & Production > Premier Oil plc

Premier Oil plc
 PROFILE
Premier Oil pumps oil in troubled waters and troubled lands. The independent oil company explores for and produces oil and natural gas in Indonesia, Myanmar, and Pakistan, as well as the UK. Premier's UK operations provide more than 60% of the company's annual production. With proved reserves (both developed and undeveloped) of more than 338 million barrels of oil equivalent, Premier is focused on developing long-term natural gas supplies and existing oil reserves. US-based oil enterprise Amerada Hess and Malaysian state oil company Petronas, both with 25% stakes in Premier, are in a strategic alliance with Premier to develop gas fields in Asia.

 COMPETITION
Eni S.p.A. (E)
Gulf Indonesia Resources Limited (GRL)
Unocal Corporation (UCL)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 148.40
1-Yr. Sales Growth: 9.5%
Employees: 445
Revenue per employee: $333,483.15

 KEY PEOPLE
• Charles J. A. Jamieson
    CEO
• John A. van der Welle
    CFO

 CONTACT INFO
23 Lower Belgrave St.
London SW1W 0NR, United Kingdom
Phone: 44-20-7730-1111
Fax: 44-20-7730-4696
Online: Web Site

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