Menu Search

Company Announcements

Harbour Energy PLC

Report on Payments to Govts

Source: RNS
RNS Number : 8094D
Premier Oil PLC
28 June 2019
 

PREMIER OIL PLC

("Premier" or the "Company")

Report on Payments to Governments for the year ended 31 December 2018

Premier today provides information in accordance with DTR 4.3A in respect of payments made by the Company to governments for the year ended 31 December 2018 and in compliance with The Reports on Payments to Governments Regulations 2014 (SI 2014/3209).

This information, together with the basis of preparation, can also be found on pages 169 and 170 of the 2018 Annual Report and Financial Statements which is available to download at: http://www.premier-oil.com/investors

Payments by Licence

Country

Licence/company level

Production entitlements

Production entitlements

Income taxes

Royalties (cash only)

Dividends

Bonus payments

Licence fees

Infrastructure improvement payments

Total



bbls (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

Brazil

CE-M-665-R11

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

 166

 -  

 166


Total Brazil

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

 166

 -  

 166

Falkland Islands

Sea Lion

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

400

                              -  

400


Total Falkland Islands

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

400

                              -  

400

Indonesia

Natuna Sea Block A

 4,777

 294,951

 56,685

 -  

 -  

 -  

 -  

 -  

 351,636


Kakap

 -  

 -  

 1,314

 -  

 -  

 -  

 -  

 -  

 1,314


Total Indonesia

 4,777

 294,951

 57,999

 -  

 -  

 -  

 -  

 -  

 352,950

Mexico

Block 11

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

399

-

399


Block 13

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

399

-

399


Total Mexico

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

798

-

798

Pakistan

Bhit/Badhra

                         -  

                         -  

                          -  

947

                     -  

                   -  

                    -  

                              -  

947


Kadanwari

                         -  

                         -  

                          -  

1,084

                     -  

                   -  

                    -  

                              -  

1,084


Zamzama

                         -  

                         -  

                          -  

403

                     -  

                   -  

                    -  

                              -  

403


Qadipur

                         -  

                         -  

                          -  

1,198

                     -  

                   -  

                    -  

                              -  

1,198


Corporate

                         -  

                         -  

2,487

                      -  

                     -  

                   -  

                    -  

                              -  

2,487


Total Pakistan

                         -  

                         -  

2,487

3,632

                     -  

                   -  

                    -  

                              -  

6,119

 United Kingdom

Babbage

-

-

-

-

-

-

413

-

413


Ravenspurn North

-

-

-

-

-

-

727

-

727


Johnston

-

-

-

-

-

-

256

-

256


Rita

-

-

-

-

-


175

-

175


Huntington

-

-

-

-

-

-

253

-

253


Brenda

-

-

-

-

-

-

180

-

180


Catcher

        -  

     -  

-  

-                   

                     -  

                   -  

723

                  -  

723


Tolmount

-

-

-

-

-

-

903

-

903


Corporate

                         -  

                         -  

(3,988)

                      -  

                     -  

                   -  

                    -  

                              -  


(3,988)


Total UK

                         -  

                         -  

(3,988)

                      -  

                     -  

                   -  

3,630

                              -  

                      (358)

Vietnam

Chim Sao

1,004

64,477

                          -  

                      -  

                     -  

                450

                    -  

                              -  

64,927


Corporate

                         -  

                         -  

87,294

24,851

                     -  

                   -  

                    -  

                              -  

112,145


Total Vietnam

1,004

64,477

87,294

24,851

                     -  

                450

                    -  

                              -  

177,072

Total Group


5,781

            359,428

143,792

28,483

                     -  

                450

4,994

                              -  

537,147

 

 

 

 

 

 

Payments by Government

Country

Government           

Production entitlements

Production entitlements

Income taxes

Royalties (cash only)

Dividends

Bonus payments

Licence fees

Infrastructure improvement payments

Total



bbls (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

Brazil

National Petroleum Agency

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

166

                              -  

166


Total Brazil

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

166

                              -  

166

Falkland Islands

Department of Mineral Resources

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

400

                              -  

400


Total Falkland Islands

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

400

                              -  

400

Indonesia

SKK Migas

                  4,777

294,951

                          -  

                      -  

                     -  

                   -  

                    -  

                              -  

294,951


Directorate General of Taxes

                         -  

                         -  

57,999

                      -  

                     -  

                   -  

                    -  

                              -  

57,999


Total Indonesia

4,777

294,951

57,999

                      -  

                     -  

                   -  

                    -  

                              -  

352,950

Mexico

Fondo Mexicano del Petróleo para la Estabilización y el Desarrollo (FMP)

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

321

-

321


Servicio de Administración Tributaria (SAT)

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

477

-

477









798

-

798

Pakistan

Federal Board of Revenue

                         -  

                         -  

2,487

                      -  

                     -  

                   -  

                    -  

                              -  

2,487


Directorate General of Petroleum Concession

                         -  

                         -  

                          -  

3,632

                     -  

                   -  

                    -  

                              -  

3,632


Total Pakistan

                         -  

                         -  

2,487

3,632

                     -  

                   -  

                    -  

                              -  

6,119

United Kingdom

HM Revenue & Customs

                         -  

                         -  

(3,988)

                      -  

                     -  

                   -  

                    -  

                              -  

(3,988)


Department of Energy and Climate Change

                         -  

                         -  

                          -  

                      -  

                     -  

                   -  

3,630

                              -  

3,630


Total UK

                         -  

                         -  

(3,988)

                      -  

                     -  

                   -  

3,630

                              -  

(358)

Vietnam

Petro Vietnam

1,004

64,477

                          -  

                      -  

                     -  

                450

                    -  

                              -  

64,927


HCM Tax Department

                         -  

                         -  

87,294

14,352

                     -  

                   -  

                    -  

                              -  

101,646


Vung Tau Customs office

                         -  

                         -  

                          -  

10,499

                     -  

                   -  

                    -  

                              -  

10,499


Total Vietnam

1,004

64,477

87,294

24,851

                     -  

                450

                    -  

                              -  

177,072

Total Group


5,781

359,428

143,792

28,483

                     -  

                450

4,994

                              -  

537,147

 

 

Enquiries:

Premier Oil plc                                                 Tel: 020 7730 1111

Mike Karaiskos, Group Financial Controller


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
PGRCKFDNFBKKOAB