Premier strikes it rich

Click to follow
The Independent Online

Premier Oil has struck oil at its Erne exploration well in the North Sea.

Further exploration work will continue, as a sidetrack well is drilled from the pilot hole to delineate further the reservoir. Premier has a 50 per cent stake in Erne alongside Canada's Antrim Energy.

Erne is situated between the Fyne field and the west and north-west Guillemot fields.