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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Harbour Energy Plc | LSE:PMO | London | Ordinary Share | Ordinary Shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.40 | 22.50 | 22.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7881K Premier Oil PLC 07 May 2003 PREMIER OIL PLC ("Premier") Update on Restructuring and AGM Timing In our preliminary results announcement of 25 March 2003, we stated that the only significant outstanding issue remaining in respect of the approvals required for our corporate restructuring was the finalisation of details relating to the Yetagun pre-emption. We are pleased to report that good progress has been made on this issue which will enable the restructuring to complete in June 2003 on receipt of final approval from the Myanmar authorities which is expected shortly. As detailed in our circular dated 11 October 2002, the restructuring involves the introduction of a new holding company of Premier. The Annual General Meeting of this new holding company, which was planned for 9 May, will now be held at The Drapers' Hall, Throgmorton Avenue, London EC2N 2DQ on Tuesday 15 July at 11.30am. 7 May 2003 ENQUIRIES: Premier Oil plc Tel: 020 7730 1111 Charles Jamieson John van der Welle College Hill Tel: 020 7457 2020 James Henderson Background For Editors: Premier Oil plc is a leading independent oil and gas company with producing interests in the UK, Indonesia, and Pakistan. Exploration is ongoing in the UK, Indonesia, West Africa (Guinea Bissau and Gabon) and South Asia (Pakistan and India). On 16 September 2002 Premier announced a major restructuring involving the transfer of interests in Myanmar and Indonesia to its major shareholders Amerada Hess and Petronas in return for the cancellation of their combined 50 per cent. holding in Premier, an injection of #145 million of cash and a repayment of #98 million of project debt. The restructuring leaves Premier as a fully independent oil company in a good position to follow its strategy of value creation and early realisation through oil and gas exploration and commercial deal-making. This information is provided by RNS The company news service from the London Stock Exchange END MSCUUUCWAUPWGGM
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