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Exploration Drilling Update

3 Sep 2015 07:33

RNS Number : 9193X

Premier Oil PLC

03 September 2015

PREMIER OIL PLC

("Premier")

Exploration drilling update - 3/7-10 S well, Norway

3 September 2015

Premier announces that the 3/7-10 S exploration well (Premier 40 per cent operated interest) which was targeting the Myrhauk prospect on the south east flank of the Mandal High in PL 539 in the Norwegian sector of the North Sea has reached total vertical depth of 3,464 metres. The well encountered approximately 110 metres of good reservoir quality Middle Jurassic sands but these were water wet. The well is being plugged and abandoned as a dry hole.

Enquiries

Premier Oil plc

Tony Durrant, CEO

Robin Allan, Exploration Director

Tel: 020 7730 1111

Bell Pottinger

Gavin Davis

Henry Lerwill

Tel: 0203 772 2500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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Date		Source	Headline
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