January 10, 2019 / 7:10 AM / 6 months ago

Premier Oil cuts more debt than forecast

LONDON, Jan 10 (Reuters) - Britain’s Premier Oil cut debt to $2.3 billion at the end of 2018, below a previous forecast of $2.4 billion, it said in a trading update on Thursday.

Premier’s full-year production of 80,500 barrels of oil equivalent per day came in slightly above its guidance and 7 percent above its 2017 output. (Reporting By Shadia Nasralla and Arathy S Nair Editing by David Goodman)

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