PMO.L Regulatory News (PMO)

PREMIER OIL PLC

"Premier"

Solan facilities installed

10 September 2014

Premier is pleased to announce that the Solan subsea oil storage tank, jacket and topsides have been successfully installed. The offshore hook up and commissioning programme will now commence. Precise timing of first oil from the Solan field will depend upon the progress of this next phase.

Tony Durrant, CEO, commented:

"We are very pleased to have successfully installed the Solan facilities within two and a half years of receiving approval from the UK government. This achievement was only made possible by the co-operation and skills of the teams and contractors involved."

Notes to editors

The partners in the Solan field, which is located West of Shetland, are Premier (Operator, 60 per cent) and Chrysaor (40 per cent).