Chrysaor to Take Over Premier Oil, Creating UK North Sea’s Biggest Producer
Transaction Type
Sellers
Basin
UK North Sea
Announce Date
Post Date
Close Date
Estimated Price
2.7BB
Description
Acquired Premier Oil through a reverse takeover set to create the British North Sea’s largest oil and gas producer; Premier’s approximately US$2.7 billion of total gross debt and certain hedging liabilities will be repaid and cancelled on completion.