Premier Oil to Buy North Sea-focused Encore Oil

Premier Oil to Buy North Sea-focused Encore Oil

British oil producer Premier Oil​ is to buy North Sea-focused Encore Oil for 221 million pounds ($340 million), continuing its strategy of expanding by incremental acquisitions rather than concentrating on high-risk, high-impact exploration…

By Tom Bergin ( read more )

[mappress]

Source: Reuters , October 5, 2011; Image: Encore Oil