LONDON, March 18 (Reuters) - Shares in Harbour Energy, to be
created from the merger of Premier Oil and private
equity owned Chrysaor, will start trading in London on April 1,
Premier said on Thursday as it reported a 42% drop in operating
cashflow to $630 million last year.
Both groups produced about 230,000 barrels of oil equivalent
per day in 2020, making the soon to be combined entity the
biggest producer in the British North Sea. Premier forecast
Harbour Energy's debt to stand at $2.9 billion after the
merger's completion.
(Reporting by Shadia Nasralla
Editing by David Goodman)
