Posts Tagged ‘premier’

CNOOC agrees to conditions for Nexen nod

by on November 20, 2012 5:09 am BST
The report said the Canadian government had taken on board requests made by Alberta Premier Alison Redford last month, which included guarantees that at least half of Nexen's board and management positions be held by Canadians.Earlier this month, CNOOC chairman Wang Yilin said he was confident of winning regulatory

Alberta sets up oil sands monitoring agency

by on October 17, 2012 8:49 pm BST
The Conservative government of Premier Alison Redford said the body will focus on what should be monitored as well methods and locations, following a series of previous scientific studies and government reports that have suggested the Lower Athabasca area of northern Alberta needs to be more closely scrutinized, Reuters reported.

Falkland farm-out gets green light

by Forex Rooton October 12, 2012 9:14 am BST
Rockhopper reported to the London Stock Exchange in July that the farm-out would see Premier paying $231 million in cash up front for the stake in licences PL023, PL024, PL032, PL033, PL003 and PL004, with an exploration carry of $48 million for three wells.Premier would also pay for

Premier traps Badger option

by on October 5, 2012 3:21 pm BST
UK player Premier had retained an option to farm into Block 12/30 on production licence P1920 which North Sea Energy’ subsidiary Echo Exploration was given control earlier this year.Having exercised this option, Premier now holds a 50% stake in the block which contains the Badger prospect.“The Badger prospect is