January 7, 2020 / 7:19 AM / 19 days ago

Premier Oil to buy BP North Sea assets for $625 mln

LONDON, Jan 7 (Reuters) - Premier Oil is set to buy stakes in North Sea oilfields Andrew and Shearwater from BP for $625 million and increase its stake in the Tolmount gas project buying a bigger stake from Dana for $191 million, Premier said on Tuesday.

It also said it had extended its debt maturity timeline to the end of November 2023. (Reporting by Shadia Nasralla; editing by Jason Neely)

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