Wednesday, June 22, 2005 8:09:52 AM ET Dow Jones Newswires
1154 GMT [Dow Jones] Premier Oil (PMO.LN) announces the first three exploration locations offshore Mauritania have been selected, and this is no surprise, says analyst, but feels bullishness toward project may have waned. "Expectations may not be as high as before considering that the 4-well drilling campaign at the end of last year was largely unsuccessful and hence the approaching wells will be considered even riskier," he adds. Trades -1.9% at 679p. (DWE)
