Gavin Anderson assists Premier Oil turnaround

UK oil and gas exploration company Premier Oil has appointed Gavin Anderson to handle corporate and financial PR as it repositions itself from a North Sea oil company to an Asian gas group.

UK oil and gas exploration company Premier Oil has appointed Gavin

Anderson to handle corporate and financial PR as it repositions itself

from a North Sea oil company to an Asian gas group.



The agency is the third used by Premier this year after Shandwick and

College Hill. Premier previously used Shandwick to handle the account

which is worth around pounds 60,000 in fees. The Premier Oil team at

Shandwick was headed by Gillian Pattison who recently left to join

Tavistock Communications.



Premier then brought in College Hill which is believed to have resigned

the account over client conflict.



Gavin Anderson pitched against Financial Dynamics for the business. It

will report to Premier’s chief executive Charles Jamieson.



Jamieson recently announced that he expected over 70 per cent of its

production to come from gas by the turn of the century. Just 15 per cent

of its production currently comes from gas.



The company increased investment in Asia last year, putting money into

projects in Indonesia, Myanmar (formerly Burma) and Pakistan.



Premier has recently run into criticism for its investment in human

rights troublespots. Myanmar’s Nobel prize winning pro-democracy leader

Aung San Suu Kyi accused it of investing in offshore gas reserves which

help to boost the country’s military regime.



Last year Premier made pre-tax profits of pounds 71.1 million on

turnover of pounds 166.2 million. However, its share price has fallen

from a high of 58p late in 1997 to 38.5p.



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