Premier Oil: Production in Vietnam Resumes, Huntington Rates Up

Premier, an independent British UK oil company with gas and oil interests in the UK, Asia and Africa, yesterday released a brief update on the Company’s recent production activities.

In Vietnam, repairs to the Chim Sáo gas export pipeline have been completed and gas export recommenced on 23 November. Oil production is returning to planned levels as a result.

In the UK, restrictions to the Huntington field continue to be lifted with oil production rates now increased to 20 kbopd (gross). The Company expects full production rates to return as remaining restrictions are removed.

Premier’s production guidance for 2013 remains unchanged.

[mappress]

Press Release, November 29, 2013