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Stable Platform Agreement extended

1st Oct 2020 07:00

RNS Number : 6957A
Premier Oil PLC
01 October 2020
 

Premier Oil plc

"Premier" or the "Group"

Stable Platform Agreement extended

1 October 2020

 

 

Premier's creditors have approved an extension to the previously announced Stable Platform Agreement with the Group's financial covenants waived through to 5 November 2020. Discussions continue relating to the proposed refinancing and possible alternative transactions.

 

 

 

Enquiries

Premier Oil 020 7824 1116

Tony Durrant, CEO

Richard Rose, Finance Director

 

Camarco 020 3757 4983

Billy Clegg

Georgia Edmonds

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