"Future Corporation feels that EGL's inability to secure the Gardanne lease leaves Future Corporation in a situation of potential opportunity cost and thus negotiations have now come to an end and the Heads of Agreement is now at an end. Future Corporation is in a negotiation and due diligence phase over several other Oil and Gas opportunities at the current time and, based on the outcome of the negotiation and due diligence investigations, will advise the market as to details in the ensuing weeks."
new project will be welcomed by all I think
spells doom for EPG too I think with $75m in debt tied up in its Euro CSG projects