January 7, 2020 / 9:07 AM / 21 days ago

BRIEF-Premier Oil CEO says does not expect to pay tax in Britain for 10 yrs

Jan 7 (Reuters) - Premier Oil PLC:

* PREMIER OIL CEO SAYS “EXTREMELY POSITIVE” RESPONSE FROM SHAREHOLDERS GIVES “COMFORT” IN TERMS OF PLANNED DEALS, RIGHTS ISSUE

* PREMIER CEO SAYS NAVITAS BUYING INTO SEA LION PROJECT TO REDUCE COST TO PREMIER TO $285 MILLION FROM $500 MILLION

* PREMIER OIL CEO SAYS DOES NOT EXPECT TO PAY TAX IN UK FOR AROUND 10 YEARS DUE TO TAX LOSSES Further company coverage: (Reporting By Shadia Nasralla)

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