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Huntington update

28 Nov 2014 11:02

RNS Number : 3141Y
Premier Oil PLC
28 November 2014
 



 

PREMIER OIL PLC

"Premier"

 

Huntington update

 

28 November 2014

 

Premier is pleased to announce that production from the Huntington field (Premier equity 40 per cent) is expected to start up this weekend, ahead of schedule, following completion of planned maintenance work. Premier also notes the press release issued this morning by Noreco, Premier's partner in the Huntington field, regarding a write off of the Huntington Fulmar (Maxwell) discovery. Premier would like to reiterate that it has never attributed any value to this discovery and its view of the Huntington field reserves has not changed.

 

Premier's production remains strong and above guidance: year to date production has averaged 64 kboepd.

 

Enquiries

Premier Oil plc

Tel: 020 7730 1111

Tony Durrant, Chief Executive

Richard Rose, Finance Director

Bell Pottinger

Tel: 020 3772 2500

Gavin Davis

Henry Lerwill

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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