UK operator Premier Oil has gained approval from the majority of its creditors for the schemes of arrangement required for the acquisition of North Sea assets from BP and Dana. Premier received a court approval to go ahead with a plan to have its creditors vote to extend debt maturities and buy UK North Sea fields from BP and Dana in mid-January and convened the creditor meeting for 12 February despite objec- tions by its largest creditor ARCM.
展开▼