Premier closes in on E.ON deal

摘要

Premier Oil reports that the proposed acquisition of UK North Sea assets from E.ON is moving towards completion. "Premier's lending banks and US private placement noteholders have now provided the consents and waivers required in connection with the acquisition and the Secretary of State has provided confirmation that the acquisition will not result in the revocation of petroleum exploration and/or production licences or require any further change of control," Premier said.