Premier Oil acquires Oilexco North Sea

Premier Oil will acquire Oilexco North Sea (ONSL) for $505 million, subject to a company arrangement with the creditors.

Offshore staff

CALGARY, Canada -- Premier Oil will acquire Oilexco North Sea (ONSL) for $505 million, subject to a company arrangement with the creditors. Failing that, Premier will acquire the business and assets of ONSL for $415 million.

03/27/2009

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