Premier's North Sea Lift with Oilexco Buy [Edition 3]

Evening Standard - London › March 26, 2009

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Summary

BUST North Sea operator Oilexco was snapped up by Premier Oil today in a Pounds 345 million deal.

The deal is being part-funded by a four-for-nine rights issue priced at half last night's closing share price but it will transform Premier's North Sea interests.

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Extract

Premier's North Sea Lift with Oilexco Buy [Edition 3]

Oilexco fell into administration at the...

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