Exploration drilling update - 3/7-10 S well, Norway

03 Sep 2015

Premier announces that the 3/7-10 S exploration well (Premier 40 per cent operated interest) which was targeting the Myrhauk prospect on the south east flank of the Mandal High in PL 539 in the Norwegian sector of the North Sea has reached total vertical depth of 3,464 metres. The well encountered approximately 110 metres of good reservoir quality Middle Jurassic sands but these were water wet. The well is being plugged and abandoned as a dry hole.

Enquiries

Premier Oil plc
Tony Durrant, CEO
Robin Allan, Exploration Director
Tel: 020 7730 1111

Bell Pottinger
Gavin Davis
Henry Lerwill
Tel: 0203 772 2500

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