On 5 April 2017, Premier Oil plc announced that it had signed a share purchase agreement with Al-Haj Energy Limited. Under the agreement Premier will sell its subsidiary Premier Oil Pakistan Holdings BV to Al Haj for a cash consideration of USD 65.6 million. Al-Haj have already paid a deposit of USD 15 million to Premier and are obliged to pay a further interim deposit of USD 10 million within 60 days. Closing of the transaction, which will have an economic date of 1 January 2017, is subject to all necessary government and regulatory approvals. It is expected to be finalised by the end of 2017. It was subsequently reported in January 2018 that due to delays in regulatory approvals the completion will take place in 2018. Al-Haj had paid USD 23 million deposit by the end of July 2017. Premier currently hold non-operated interests in six gas producing onshore fields in the country which include Qadirpur, Kadanwari (including Kadanwari 14), Zamzama, Bhit and Badhra and Zarghun South. Oil and Gas Development Company Ltd (OGDCL) operates Qadirpur field which is one of the major producing field in the country with a production rate of 355 MMcfg/d during 2016. Kadanwari, Bhit and Badhra fields are operated by ENI, Zamzama field is operated by Tri Resources whereas Mari Petroleum Pakistan Ltd (MPCL) operates the Zarghun South field. Â  Field Name Operator Premier Interest Badhra Eni 6% Â  Bhit Eni 6% Â  Kadanwari Eni 15.79% Â  Qadirpur OGDCL 4.75% Â  Zamzama BHP 9.375% Â  Zarghun   South MPCL 3.75% Â  Â  Â 
Premier Oil announced that it had signed a share purchase agreement with Al-Haj Energy. Premier currently hold non-operated interests in six gas producing onshore fields in the country.