Premier Oil plc and Chrysaor Holdings Ltd, and the reorganisation of Premier’s existing debt and cross-currency swaps, were completed earlier today. Premier’s name has changed to Harbour Energy plc with effect from today. The company’s 925,532,809 existing ordinary shares and 17,585,119,330 new ordinary shares are expected to be admitted to trading on the London Stock […]
Tag: Harbour Energy plc
Premier-Chrysaor merger to form Harbour Energy
Chrysaor Ltd and Premier Oil plc’s proposed reverse takeover will result in a new name for the combined companies of Harbour Energy plc. Harbour will be the largest London-listed independent oil and gas company by production and reserves. The board will comprise 11 directors, including six independent non-executive directors (NEDs), two NEDs appointed by funds managed […]
Premier to meet production target ahead of Chrysaor deal
Premier Oil plc reported it produced an average 61.2 kboepd for the first 11 months of 2020 and expected to meet its full-year guidance of 61‐64 kboepd. The company, currently engaged in a reverse takeover with Chrysaor, said 2021 production would be marginally higher at 61-66 kboepd, reflecting new production its operated Tolmount gas field […]