Premier Oil is to be sold to Chrysaor in a reverse takeover which would solve the independent UK upstream company’s existing $2.7bn debt. The new company would have a combined production of over 250 kboepd (30 June 2020), combined 2020 H1 revenue of $1.76bn and H1 EBITDAX of $1.27bn, and operating costs of $10.5/boe in […]