Money for Premier Oil

[michel3392@xxxxxxxxxxx]

In "Premier Oil Report & Accounting 1998", p. 54

"Notes to the accounts for the year to 31 December 1998
 ...
25 Post balance sheet events
 ...
b) On 31 January 1999 the Myanmar Oil and Gas Entreprise exercised its right 
to acquire a 15 % share in the Yetagun development. This resulted in a cash 
receipt by Premier of £17.3 million, being a reimbursement of costs already 
incurred since the beginning of the development phase."

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