Premier Oil has “Successfully Exited” its Position in Iraq

By John Lee.

Premier Oil has announced that it has “successfully exited” its position in Iraq.

The company was awarded a 40-percent stake in the Block 12 concession in 2012, but said in December 2015 that it would assign its participating interest to the operator, Russia’s Bashneft, which was subsequently acquired by Rosneft.

(Source: Premier Oil)

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