1st Jul 2005 07:00
Premier Oil PLC01 July 2005 PREMIER OIL PLC ("Premier") Board Appointment and Resignations Following announcements made in September 2004 and April 2005, Charles Jamiesonand John van der Welle have resigned from the Board of Premier with effect from30 June 2005. As previously announced in April 2005, Tony Durrant has been appointed to theBoard of Premier as Finance Director with effect from 1 July 2005. 1 July 2005 ENQUIRIES: Premier Oil plc Tel: 020 7730 1111Simon LockettMark Akers Pelham PR Tel: 020 7743 6670James HendersonGavin Davis Background For Editors:Premier Oil plc is a leading independent oil and gas company with producinginterests in the UK, Indonesia and Pakistan. Exploration and appraisal isongoing in the UK, South and South East Asia and Africa. Premier's strategy is to add significant value per share through exploration andappraisal success, astute commercial deals and asset management. The company'soperating business and strong finances put the company in the position tooperate successfully in all reasonable external environments. A drilling programme of up to 16 wells is in place for 2005. Both wellscompleted so far this year have been successful; the first, a flow test on anappraisal well on the Tiof field in Mauritania and the second was a discoveryand flow test from the Al Amir-1 exploration well in Egypt. An appraisal of theAl Amir discovery is planned for later this year. In India, the Lakkhi-1 wellcommenced in April 2005 and operations continue. Further wells are planned to bedrilled later in 2005 in Mauritania, Pakistan, Indonesia, Guinea Bissau, Gabonand Vietnam. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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