Neptune Energy is taking initial steps to be ready for an initial public offering, though company officials insist no decision has yet been taken on if or when the private equity-backed player will seek a public listing.
Chief executive Jim House told Upstream that Neptune is “doing rudimentary things” to be prepared.
“There is no hard and fast timeline to speak to other than we are going to do whatever it takes to be prepared when the day comes when it makes sense to go,” House said.