19 Mar 2020 16:21
RNS Number : 8623G
Premier Oil PLC
19 March 2020
Premier Oil plc
"Premier"
Conclusion of court hearing
19 March 2020
Premier announces that the hearing to sanction the creditor schemes of arrangement concluded today in the Court of Session in Edinburgh. Court approval of the schemes is required to provide lender consent for the announced UK North Sea Acquisitions, related funding arrangements and extension of Premier's credit facilities. Premier will provide a further update to the market once the Judge has made her decision.
Enquiries
Premier Oil plc
Tony Durrant, CEO
Richard Rose, Finance Director
Tel: 0207 730 1111
Camarco
Billy Clegg
James Crothers
Tel: 020 3757 4983
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