Shares of Premier Oil have been suspended pending an announcement of a potential reverse take over. In a separate announcement, Rockhopper (RKH LN), Premier's partner on Sea Lion provided an update on the field. Resources to be commercialised in Phase 1a have now increased from 160 mmbbl to 220 mmbbl with field peak production now estimated at 85 mbbl/d (65 mbbl/d) previously and well count increasing from 14 to 18. Estimated gross re-first oil capex is unchanged at US$1.8 bn, representing a
13 Jan 2016
SHARES SUSPENDED ON POTENTIAL REVERSE TAKE OVER AND SEA LION UPDATE
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SHARES SUSPENDED ON POTENTIAL REVERSE TAKE OVER AND SEA LION UPDATE
Harbour Energy Plc (HBR:LON) | 283 -14.4 (-1.8%) | Mkt Cap: 2,179m
- Published:
13 Jan 2016 -
Author:
Stephane Foucaud -
Pages:
2
Shares of Premier Oil have been suspended pending an announcement of a potential reverse take over. In a separate announcement, Rockhopper (RKH LN), Premier's partner on Sea Lion provided an update on the field. Resources to be commercialised in Phase 1a have now increased from 160 mmbbl to 220 mmbbl with field peak production now estimated at 85 mbbl/d (65 mbbl/d) previously and well count increasing from 14 to 18. Estimated gross re-first oil capex is unchanged at US$1.8 bn, representing a