With Solan now officially moving to the back burner, the Company is finally starting to deleverage its balance sheet. While divesting stakes in Catcher and/or Solan is not in the cards anymore given the depressed state of the asset market, Premier is turning its attention to new growth projects such as Tolmount in the UK that are a much better fit (in terms of more modest capex). In this note, we look in more detail at what could become a new important hub for Premier in the Southern North Se
22 Aug 2016
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Harbour Energy Plc (HBR:LON) | 281 -8.1 (-1.0%) | Mkt Cap: 2,164m
- Published:
22 Aug 2016 -
Author:
Stephane Foucaud -
Pages:
7
With Solan now officially moving to the back burner, the Company is finally starting to deleverage its balance sheet. While divesting stakes in Catcher and/or Solan is not in the cards anymore given the depressed state of the asset market, Premier is turning its attention to new growth projects such as Tolmount in the UK that are a much better fit (in terms of more modest capex). In this note, we look in more detail at what could become a new important hub for Premier in the Southern North Se