Premier Oil Leaps After Swooping for Oilexco

Daily MailMarch 26, 2009

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Summary


PREMIER Oil shares jumped after it snapped up fallen oil explorer Oilexco North Sea for Pounds 347m.

The deal will give Premier around 40m barrels of additional reserves and around 13,700 barrels a day of extra production in 2009.

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Extract


Premier Oil Leaps After Swooping for Oilexco

Premier is raising Pounds 171m in a s...

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