Premier Oil started 2016 by suspended its shares. Speculation emerged regarding a reverse takeover. Premier later forked out $120million for E.On’s North Sea assets.
Months later, rumors of a North Sea back office consolidation saw millions added to its market share. It then celebrated first oil from its flagship Solan development.
However, the independent operator later had its shares nosedive on the back of refinancing gossip. Premier then confirmed it hoped to have its refinancing sewn-up by the first quarter of 2017.
Despite the financial hardship, Premier doubled down on its commitment to its UK investment in an exclusive interview with Energy Voice.
Scroll the gallery to see how the the year panned out for Premier and click “Read Article” to see the stories in full.
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