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Premier Oil has sold its interests in six central North Sea assets in six licences

Premier Oil has sold its interests in six central North Sea assets in six licences – including stakes in the Rochell, Scott and Telford fields – to Hungary’s MOL for $130mn. The sale will increase MOL’s 2P (proven plus probable) reserves by 14.3mn boe (Scott 9.3mn boe, Rochelle 4.4mn boe and Telford 0.5mn boe).

News Item details


Journal title: Petroleum Review

Countries: UK -

Subjects: Exploration and production, Reserves

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