Premier Oil Exploration and Production - Heads of Agreement with Falkland Oil & Gas and Rockhopper Exploration (Oil)
Slaughter and May, working with the in-house team at Premier Oil Exploration and Production Limited ('Premier'), advised Premier on heads of agreement ('Heads of Agreement') with Falkland Oil & Gas Limited ('FOGL') and Rockhopper Exploration (Oil) Limited ('Rockhopper') with respect to a farm-out of Falkland Islands oil and gas exploration licences (the 'Farm-Out'); and related arrangements between Premier and Rockhopper.