Premier postpones drilling campaign in Ceara

May 14, 2020

UK based Premier Oil postponed the start of the drilling campaign in block CE-M-717, in the Ceará Basin, which was scheduled for July. In a note, the oil company announced the postponement of all activities in its exploration portfolio to reduce expenses, given the “current market conditions”. The company postponed all activities in its exploration portfolio due to the crisis in the O&G industry

Source: PetroleoHoje

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