Premier Says Dussfu Marine-1 Well to be Abandonded

The Dussafu Marine-1 well on the Sasol operated Dussafu license offshore southern Gabon, in which Premier has a 25% interest, has been completed. Although the target Gamba formation reservoir sands were found to be good quality, they were intercepted deeper than prognosed and only poor shows were observed. The well has been plugged and abandoned.