Premier Oil this morning confirmed its refinancing bid has landed its first approval
North Sea operator Premier Oil is believed to be mulling potential tie-ups on the back of a new finance deal with lenders.
North Sea operator Premier Oil today announced that its private lenders had agreed to the terms of its long-awaited debt refinancing.
Oil majors are striking the right deals for the North Sea, Premier Oil’s chief executive Tony Durrant said.
Premier Oil today confirmed all of its restructuring's substantial commercial terms have been agreed.
Premier Oil is expected to update the market on Thursday regarding its long sought restructuring plans.
Premier Oil started 2016 by suspended its shares. Speculation emerged regarding a reverse takeover. Premier later forked out $120million for E.On's North Sea assets.
North Sea operator Premier Oil announced a further deferral of lenders’ covenant tests yesterday as it continues to negotiate a refinancing.
Noreco has today finalised the relinquishment of its stake in the Huntington license to Premier Oil.
Oil stocks were among the biggest risers on the FTSE 100 on Monday after non-Opec producers agreed to curb production to help buoy floundering crude prices.
North-east firm Quensh Specialists has expanded its team, thanks to a new contract secured with North Sea operator Premier Oil.
Premier Oil said it has received a monthly deferral in respect of the test of its financial covenants.
Premier Oil has completed a tender process selecting Ernst & Young as its new auditor from next year.
Bosses at Premier Oil said yesterday that lenders were unlikely to block the firm’s plans to invest in new development projects.
Premier Oil today revealed details of revised terms for its long-awaited refinancing.
Production from Premier Oil's Solan field was reportedly shut down for three days last month amid safety concerns.
North Sea operator Premier Oil saw tens of millions pounds wiped off its market value yesterday amid speculation suggesting some of its lenders were baling out.
A planned test of Premier Oil’s financial covenants has once again been pushed back one month.
Two well known oil and gas entrepreneurs are planning to make a return to the North Sea.
Premier Oil’s director of North Sea and Exploration said the independent operator was committed to its UK investment.
Oil and Gas UK (OGUK) have named four new board members.
Premier Oil has been granted some breathing room, after creditors agreed to delay the test of its financial covenants until October 31.
Premier Oil said it is in continued discussion with its lending group in terms of its existing financial facilities.
Late and over budget, the Solan development west of Shetland gave rise to a lot of “soul searching” at Premier Oil, the firm’s boss has admitted.
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