On 27 March 2018, Premier with 100% working interest was granted a preliminary award for the 391 sq km Area 11, AS-B-57 block and 392 sq km Area 13, AS-B-60 block from the CNH-RO3-LO1/2017 Bid Round.Â  The final official contract signature award is to take place within 90 days or 1 July 2018.    The company bid 29.47% state take over the minimum of 22.5% for the Area 11 block and 34.73% state take for the Area 13 block.      The company bid 0 in additional work units factor equivalent to no exploration wells.    There were no other bids for the two blocks.
Premier with 100% working interest was granted a preliminary award for the 391 sq km Area 11, AS-B-57 block and 392 sq km Area 13, AS-B-60 block from the CNH-RO3-LO1/2017 Bid Round. 