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Brokers Tips

Solan on track for Premier

14 July 2015

Premier Oil has been making operational headway in the first half of 2015

Premier Oil (PMO) has put its Pakistan business up for sale after receiving an "attractive" offer from an unnamed party, according to its most recent trading update. The driller's interests in Pakistan include holdings in producing gasfields and could be worth in the region of $150m (£97m), based on an evaluation from RBC. The company will now open up the floor to any rival bidders.

Solan on track for Premier

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