2nd Mar 2007 10:41
Premier Oil PLC02 March 2007 PREMIER OIL PLC ("Premier" or "the Company") New Exploration Licence Award Indonesia Premier Oil is pleased to announce the award of the Natuna "Tuna" Block offshoreexploration licence by the Indonesian Government. Premier will hold a 65%operated equity interest. The Tuna Block is located adjacent and immediately to the south of Block 7&8/97in Vietnam in which Premier holds a 45% operated interest, and to the southeastof Blocks 12E/12W in Vietnam where Premier has made the recent significant Duaand Blackbird discoveries. Simon Lockett, Premier's Chief Executive, commented: "Premier tracked the geology from its producing Anoa oil field across theIndonesia/Vietnam border into Block 12 last year and made significant oildiscoveries. The Tuna Block is an exciting opportunity to leverage ourdeepening knowledge in this core area" 2 March 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 ExchangeRelated Shares:
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