Ophir Energy PLC (OPHR.L)
29 Jul 2016
CAPE TOWN, June 6 Oil and gas explorer Ophir Energy Plc said on Monday it was talking to a range of equity investors, as well as gas buyers to help finance its Fortuna FLNG project in Equatorial Guinea, after Schlumberger walked away.
* Now sees first investment decision in Q4 vs. mid-2016 earlier
April 29 Oil and gas explorer Ophir Energy Plc said it had ended talks with Schlumberger NV over the U.S. company's upstream participation in Ophir's Fortuna project in Equatorial Guinea, sending its shares down sharply.
* Has terminatd talks with Schlumberger over Fortuna FLNG project after being unable to complete deal on terms agreed in the heads of terms
** Ophir Energy loses more than a fifth of its value and poised for worst day ever after energy co says its discussions with Schlumberger on the Fortuna FLNG project have ended