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Latest Share Chat

Premier Oil to buy BP North Sea assets for $625 mln

Tue, 07th Jan 2020 07:19

LONDON, Jan 7 (Reuters) - Premier Oil is set to buy
stakes in North Sea oilfields Andrew and Shearwater from BP
for $625 million and increase its stake in the Tolmount
gas project buying a bigger stake from Dana for $191 million,
Premier said on Tuesday.

It also said it had extended its debt maturity timeline to
the end of November 2023.
(Reporting by Shadia Nasralla; editing by Jason Neely)

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