OREANDA-NEWS. "Expert RA" rating agency assigned "PREMIER OIL" creditworthiness (long-term creditworthiness) rating A, which means high credit solvency, the third sublevel. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term.

High diversification of the supplier and buyer structure, high liquidity, low currency risks as well as the low share of payables in liabilities, and of receivables, in assets, had a positive impact on the rating.

The initial stage of the Company's business, its potentially high debt, and low business diversification and its narrow geography were regarded as the rating-restraining factors.