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Mauritania Update

16th Nov 2006 08:54

Premier Oil PLC16 November 2006 PREMIER OIL PLC ("Premier" or "the Company") Mauritania update Premier notes that the operator of the Chinguetti field, Woodside, has todaygiven a presentation to investors which includes an interim update on theChinguetti field reserves (Premier 8.12%). The operator's estimate of proven and probable reserves of 53 MMbbls, andcontingent resources of a further 24 MMbbls is consistent with recent estimatesprovided by joint venturers and independent consultants. A further reserveupdate is expected to be provided by the operator in February 2007. ENQUIRIESPremier Oil plc Tel: 020 7730 1111Simon LockettTony Durrant Pelham PRJames Henderson Tel: 020 7743 6673Gavin Davis Tel: 020 7743 6677 This information is provided by RNS The company news service from the London Stock Exchange

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