Premier Oil discovers oil and gas in Falkland Islands
(Reuters) - Premier Oil Plc said it discovered oil and gas at a well in the Falkland Islands. Premier, which owns 36 percent of the well, discovered 81 feet of net-oil bearing reservoir and 55 feet of net gas-bearing reservoir from the Zebedee well, the company said in a statement on Thursday. The Zebedee well will now be plugged and abandoned as a successful exploration well. (Reporting by Abhiram Nandakumar in Bengaluru; Editing by Anupama Dwivedi)
