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Premier Oil Creditors Approve Stable Platform Agreement

9th Jul 2020 11:55

(Alliance News) - Edinburgh-based Premier Oil PLC on Thursday said its creditors have approved the stable platform agreement.

As a result, the oil and gas company's financial covenants have been waived through to September 30 while discussions take place over the proposed amendments to the group's existing credit facilities.

Premier Oil shares were down 0.1% at 44.88 pence on Thursday in London.

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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