Post Tagged with: "Premier Oil"

Source: Reuters

Premier Oil shareholders vote in favour of Chrysaor merger


LONDON – Premier Oil shareholders on Tuesday voted in favour of a reverse takeover of private equity-backed Chrysaor to create the British North Sea’s biggest oil and gas producer in which Premier shareholders will hold about 5.5%.

“Shareholder approval …

Source: Reuters

Chrysaor to take over Premier Oil, creating UK North Sea’s biggest producer


LONDON – Private equity-backed Chrysaor has agreed a reverse takeover of Premier Oil PMO.L, the firms said on Tuesday, creating the British North Sea’s largest oil and gas producer at a time the sector is facing a sharp …

Source: Reuters

Premier Oil lays out plan to extend debt facilities, posts first-half loss


LONDON – Premier Oil (PMO.L) has agreed terms for a long-term refinancing of its debt facilities, it said on Thursday, including $300 million of new equity and an extension to its credit maturities, after swinging into a …

General Electric Oil & Gas and Petroleos Mexicanos (PEMEX), Mexico's state-owned oil and gas company, have signed a technology collaboration to help PEMEX improve its oil and gas production. Pictured here is an aerial photo of a PEMEX deepwater platform in the Gulf of Mexico.

Fight over Mexico’s Zama oil field is holding up Premier Oil’s effort sell its share

Houston Chronicle

The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process.

Some international oil companies operating in …

February 25, 2020 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Mexico
Source: Reuters

Premier Oil plans $500 million rights issue for North Sea buying spree


LONDON- Premier Oil is set to buy North Sea assets from BP and increase its stake in the Tolmount gas project, funded by a $500 million rights issue, but faces opposition from hedge fund ARCM, which vowed to fight …

Source: EnscoRowan

Talos Completes Zama Appraisal

By Tyler Losier, Energy Reporter, Oil & Gas 360

Third and final appraisal well drilled, FID expected by 2020
Talos Energy Inc. (stock ticker: TALO), an independent E&P headquartered in Houston, has completed its Zama appraisal program in Block 7

Valhall Drilling Platform, Norway

Premier Oil Teams Up with Apollo To Bid for Chevron’s North Sea Assets

From Reuters

Britain’s Premier Oil has teamed up with U.S. private equity fund Apollo Global Management to bid for oil and gas fields owned by Chevron in the British North Sea, according to industry sources.

Premier has previously said it …

A First for Mexico

A First for Mexico

Pemex, Talos, Premier Oil, and Sierra Oil and Gas Sign PUA for Zama

Pemex, with the Block 7 Consortium – Talos Energy (ticker: TALO), Premier Oil (ticker: PMO), and Sierra Oil and Gas – have just signed a Pre-Unitization Agreement …