Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company's operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World. The Company's portfolio has over two development projects, such as Solan and Catcher. The Catcher and Solan projects are in the United Kingdom North Sea and the Sea Lion project in the Falkland Islands. In total, the Company manages approximately 758 million barrels of oil equivalent (mmboe). It has an operated interest in the Sea Lion project. It has production base that is focused on operated floating production systems, such as the Chim Sao field in Vietnam.