Premier Oil says to add 120 bcf reserves at Anoa

Thu Aug 28, 2008 7:44am BST
 
Email | Print | | Single Page
[-] Text [+]

LONDON, Aug 28 (Reuters) - UK oil explorer Premier Oil (PMO.L) said it expected to increaase reported reserves on its Anoa gas field in Indonesia by over 120 billion cubic feet (bcf) later this year.

"There's about 600 bcf left on the field and if that stays the same, it'll be about a 20 percent increase .. That's the number it will get to at a minimum," Chief Financial Officer Tony Durrant told Reuters in a telephone interview on Thursday. (Reporting by Tom Bergin; Editing by Mike Elliott)

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos