1 Nov 2016 07:00
RNS Number : 9108N
Premier Oil PLC
01 November 2016
This announcement has been determined to contain inside information
PREMIER OIL PLC
("Premier" or "the Company")
Deferral of Financial Covenant Test
1 November 2016
As anticipated, Premier has received a monthly deferral in respect of the test of its financial covenants with the test for the 12 month period ending 31 October 2016 waived and replaced by a test for the 12 month period ending 30 November 2016. Premier expects to continue to receive monthly deferrals until negotiations with its lending group conclude.
Enquiries
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Premier Oil plc | Tel: 020 7730 1111 |
Tony Durrant, Chief Executive |
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Richard Rose, Finance Director
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Bell Pottinger | Tel: 020 3772 2570 |
Lorna Cobbett |
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Henry Lerwill |
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The company news service from the London Stock Exchange