Premier Oil returns last exploratory asset in Brazil

(PetroleoHoje) Premier Oil do Brasil ended its exploratory activities in the country in September. After eight years working in Ceará, the oil company delivers the last exploratory asset in the portfolio.

The oil company returned its last block, CE-M-717, in the Ceará Basin, acquired in the 11th Round, as part of the group’s global restructuring strategy, initiated after the merger process with the oil company British Chrysoar.