North Sea opening-up for small-caps
Premier Oil has received approval from the UK Department of Energy for the planned development of the Solan oilfield to the west of the Shetland Isles, which should net Premier an additional 24,000 barrels of oil per day by the end of 2014. It also confirms the ongoing value opportunity among smaller players in the North Sea sector.
By Mark Robinson,
25 April 2012