July 15, 2020 / 7:04 AM / 20 days ago

BRIEF-Premier Oil's Talks With Creditors Are About Debt Extension Of Around 4 To 5 Years

July 15 (Reuters) - Premier Oil PLC:

* PREMIER OIL CEO SAYS TALKS WITH CREDITORS ARE ABOUT DEBT MATURITY EXTENSION OF AROUND 4 TO 5 YEARS

* PREMIER OIL CEO SAYS THERE IS APPETITE AMONG CREDITORS TO COME TO A LONGER TERM FINANCING ARRANGMENT

* PREMIER OIL CEO SAYS CASH BREAK EVEN FOR 2020 IS AROUND $32/BBL, EVERY $5/BBL HIGHER OIL PRICE EQUALS $30 MILLION IN CASHFLOW Further company coverage: (Reporting By Shadia Nasralla)

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