Ophir Energy no longer considering takeover bid for Premier Oil
LONDON, April 28 (Reuters) - London-listed oil and gas explorer Ophir Energy (Other OTC: OPGYF - news) said on Monday it was no longer interested in making a takeover offer for rival Premier Oil (LSE: PMO.L - news) after a proposal was rejected by the Premier Oil board.
"Ophir confirms that it is no longer considering making an offer for Premier (NasdaqGS: PINC - news) ," the company said in a statement. (Reporting by Karolin Schaps; Editing by Mark Potter)