This news is classified in: Traditional Energy Oil and Gas
Sep 29, 2016
North Sea Energy Inc. announces that Premier Oil UK Limited ("Premier") have informed the Bagpuss joint-venture ("JV") partnership that they are resigning as Operator of the Bagpuss joint-venture (Licence P.1943) with the effective date of December 31, 2016. Premier have confirmed that they will work with the new Operator to assure a smooth transfer of responsibilities. In addition, Premier have agreed in principle to sell their 40.1% working interest in the Bagpuss JV to Reach Halibut Limited subject to approval by the JV partners and regulatory consent from the OGA.
Focus on Application, Solution, Process, and Region
Download free sample pages