UPDATE 1-Neptune Energy to cancel dividend, cut spending plans by around $300 mln
Private equity-backed gas
producer Neptune Energy plans to cut its budget for development
projects by around $300 million this year and will not pay a
cash dividend to its owners Carlyle and CVC Capital
Partners, it said on Tuesday.
producer Neptune Energy plans to cut its budget for development
projects by around $300 million this year and will not pay a
cash dividend to its owners Carlyle and CVC Capital
Partners, it said on Tuesday.
Posted by Reuters
