Petro Vista cancels Loon merger

摘要

Petro Vista Energy and Loon Energy have scrapped a deal which would have seen the two companies merge.Read B Taylor, president and CEO of Petro Vista, said: "We have been working closely with Loon Energy over the past five weeks to address outstanding issues. However, we have been unable to find a mutually acceptable solution on some of the key points in the final agreement.