Premier Oil plans to buy a 17.7% stake in Wytch Farm from BP for $96 million (£59m). The purchase would take its total interest in the Dorset oil field up […]
Premier Oil plans to buy a 17.7% stake in Wytch Farm from BP for $96 million (£59m).
The purchase would take its total interest in the Dorset oil field up to nearly a third (30%).
The field, based in an Area of Outstanding Natural Beauty, currently produces around 13,000 barrels of oil equivalent per day.
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