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Premier Oil trading in line
Premier Oil yesterday reported that production averaged 56,100 boepd (barrels of oil equivalent per day) during the first four months of the year – in line with trading forecasts. In a trading update the company said that it has been producing 62,700 boepd over the last four weeks. In the statement covering the period from 1 January to 17 May, the company said: “Premier reiterates its production guidance.”