Ophir Energy no longer considering takeover bid for Premier Oil

LONDON, April 28 Mon Apr 28, 2014 2:19am EDT

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LONDON, April 28 (Reuters) - London-listed oil and gas explorer Ophir Energy said on Monday it was no longer interested in making a takeover offer for rival Premier Oil after a proposal was rejected by the Premier Oil board.

"Ophir confirms that it is no longer considering making an offer for Premier," the company said in a statement. (Reporting by Karolin Schaps; Editing by Mark Potter)