Premier Oil farms out Palaeocene Sparrow prospect

Premier Oil has farmed out its interest in block 23/22b, which contains the Palaeocene Sparrow prospect, to Oilexco and BG.

Offshore staff

LONDON -- Premier Oil has farmed out its interest in block 23/22b, which contains the Palaeocene Sparrow prospect, to Oilexco and BG.

Oilexco is drilling a well to test a Jurassic prospect in the adjacent block 23/21, which will be sidetracked to test the Sparrow prospect.

03/05/2008

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