It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.

As a consequence, Amerada Hess which had a substantial stake in Pict came to hold 25% of Premier's enlarged equity.

From this point, Premier was participating in numerous North Sea oil and gas fields, including Fife, Fergus, Galahad and Scott.

Amerada Hess received a 23% stake in a key Natuna oil field in Indonesia.

[10] In April 2014, Premier rejected two secret bid approaches from Ophir Energy which wanted to combine both firms into an oil exploration group for around £3 billion.

Trading recommenced on 1 February 2016, with the company announcing that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of $120 million.