Premier provides its Interim Management Statement for the period to 19th May 2009 in accordance with the reporting requirements of the Transparency Directive.

Premier’s 2009 Interim Results will be announced on Thursday 27th August 2009. A Trading and Operations Update will be provided on Thursday 9th July 2009.

HIGHLIGHTS Acquisition of Oilexco North Sea Limited (ONSL) from administration due to complete before the end of May Strong underlying production performance Development projects progressing at re-negotiated cost levels Exploration success in Egypt 2009 exploration programme in progress with material wells in Vietnam, Norway and Congo Bank facilities successfully syndicated; three-year facility increased from $225 million to $325 million

Simon Lockett, Chief Executive, said,“We have made rapid progress toward completing and integrating the ONSL acquisition; development projects in Asia are moving forward and we have a material exploration programme now under way.”

Tags: Premier Oil