Neptune Energy’s ends agreement to acquire Edison E&P’s UK and Norway assets from Energean Oil & Gas
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Neptune Energy (Neptune E&P UK Ltd)
19 May 2020
Neptune Energy today announced that it has agreed to terminate the agreement to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean Oil and Gas.
Neptune will pay a $5 million termination fee to Energean.
Neptune will continue to pursue its pipeline of global development projects and other growth opportunities.
