PDA

View Full Version : Premier Oil has “Successfully Exited” its Position in Iraq



Investors Iraq News
03-14-2017, 01:42 AM
By John Lee.
Premier Oil (http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-premier-oil/) has announced that it has “successfully exited” its position in Iraq.
The company was awarded a 40-percent stake in the Block 12 concession (http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-block-12/)in 2012, but said in December 2015 that it would assign its participating interest to the operator, Russia’s Bashneft (http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-bashneft/), which was subsequently acquired by Rosneft (http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-rosneft/).
(Source: Premier Oil)


Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2017/03/14/premier-oil-has-successfully-exited-its-position-in-iraq/)

Post your commentary below.