Premier Oil slashes valuation of West of Shetland field

PREMIER Oil has plunged deep into the red after writing $385 million (£250m) off the value of a flagship development West of Shetland which has been hit by cost increases and the plunge in the crude price.

news source: Herald Scotland:  Scottish Business News
news section: Business
published: 20/08/2015 10:20:19

Business

Herald Scotland