SALAMANDER ENERGY: FOR SALE
Salamander Energy Plc is considering selling itself and has opened talks with "a small number" of potential buyers, the company said on Thursday, sending its shares up 16 percent to their highest in almost a year.
Salamander, which produces oil and gas in Thailand and Indonesia, said it had appointed Goldman Sachs International as financial adviser to conduct the formal sale process. It declined to identify the parties with which it is in talks.
The company, co-founded in 2005 by its current CEO James Menzies, said it had been considering selling minority interests in its Bualuang oilfield in the Gulf of Thailand…
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