'Logic outweighs emotion': Premier Oil's Durrant on Chrysaor merger deal

Chief executive of UK-listed operator says reverse takeover offer by private equity-backed operator offers greater certainty of execution than proposed refinancing announced in August

Outgoing: Premier Oil chief executive Tony Durrant will step down at the end of the year — Outgoing: Premier Oil chief executive Tony Durrant will step down at the end of the yearPhoto: ROSS JOHNSON/NEWSLINE MEDIA

Rob Watts

London

Premier Oil Tony Durrant Chrysaor Linda Cook North Sea

Published 7 October 2020, 07:08Updated 7 October 2020, 12:06