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Operator

Premier Oil

5 buyer-side · 7 seller-side · 2 chain hops

M&A chain

Lineage of Premier Oil walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. Predecessor (acquired by this company)

    Dana Petroleum

    Premier Oil has inked a deal to acquire an additional 25% interest in the Premier-operated Tolmount Area from Dana Petroleum for $191 million, plus contingent payments of up to US$55 million. No other details were…

  2. This company

    Premier Oil

  3. Acquirer

    Verus Petroleum

    Premier has agreed to sell its entire interests in Licences PL089 and P534, which contain the Wytch Farm field for $200 million. The buyer is Verus Petroleum. As of 31 December 2016, the estimated 2P reserves in Wytch…

Acquisitions (Buyer)

Premier Oil Acquires 25% WI in Tolmount Project from Dana Jan 8, 2020 · $191M

Premier Oil has inked a deal to acquire an additional 25% interest in the Premier-operated Tolmount Area from Dana Petroleum for $191 million, plus contingent payments of up to…

Premier Oil Inks $625MM Deal with BP for North Sea Assets Jan 8, 2020 · $625M

Premier Oil has signed a deal to acquire the Andrew Area and Shearwater assets from BP for $625 million. This was announced in conjunction with another acquisition for Premier…

Premier Picks Up Additional Interest in Wytch Field Asset from Maersk Jul 3, 2017 · $13.29M

Premier Oil signed a deal to acquire a further 3.75% (for a total of 33.8%) in Licences PL089 and P534 (Wytch Farm field) from Maersk Oil for $13.29 million in cash. This adds…

Premier Oil to Acquire North Sea Assets from E.ON Jan 13, 2016 · $120M

Closing Announcement - April 29, 2016 The Board of Premier has announced that following receipt of all necessary approvals, the acquisition of the UK North Sea assets from E.ON…

Premier Acquires Interest in North Sea Field with KUFPEC Norway Jul 11, 2013 · $22.2M

Premier is pleased to announce that, in conjunction with KUFPEC Norway AS (KUFPEC), it has agreed to acquire a 40 per cent interest in PL407 from BG Norge AS (BG). PL407 contains…

Divestitures (Seller)

Premier Oil Acquires 25% WI in Tolmount Project from Dana Jan 8, 2020 · $191M

Premier Oil has inked a deal to acquire an additional 25% interest in the Premier-operated Tolmount Area from Dana Petroleum for $191 million, plus contingent payments of up to…

Premier Oil Inks $625MM Deal with BP for North Sea Assets Jan 8, 2020 · $625M

Premier Oil has signed a deal to acquire the Andrew Area and Shearwater assets from BP for $625 million. This was announced in conjunction with another acquisition for Premier…

Premier Oil Sells UK Wytch Farm Property for $200 Million Sep 12, 2017 · $200M

Premier has agreed to sell its entire interests in Licences PL089 and P534, which contain the Wytch Farm field for $200 million. The buyer is Verus Petroleum. As of 31 December…

Premier Picks Up Additional Interest in Wytch Field Asset from Maersk Jul 3, 2017 · $13.29M

Premier Oil signed a deal to acquire a further 3.75% (for a total of 33.8%) in Licences PL089 and P534 (Wytch Farm field) from Maersk Oil for $13.29 million in cash. This adds…

Premier Oil to Acquire North Sea Assets from E.ON Jan 13, 2016 · $120M

Closing Announcement - April 29, 2016 The Board of Premier has announced that following receipt of all necessary approvals, the acquisition of the UK North Sea assets from E.ON…

Premier Sells Vietnamese Subsidiary Jul 16, 2013 · $100M

Premier announces that it has sold 100 per cent of the shares in its wholly owned subsidiary Premier Oil Vietnam South BV (POVS). POVS holds a 30 per cent operated interest in…

Premier Acquires Interest in North Sea Field with KUFPEC Norway Jul 11, 2013 · $22.2M

Premier is pleased to announce that, in conjunction with KUFPEC Norway AS (KUFPEC), it has agreed to acquire a 40 per cent interest in PL407 from BG Norge AS (BG). PL407 contains…