Africa-focused Ophir, which only recently signed a farm-in deal with Niko Resources in Indonesia, continues to buy shares in South-East Asia-focused Salamander, but has yet to make any firm offer for the company with which it has been in talks. Late last week London-listed Salamander received a “proposed offer” from a Cepsa-led consortium including Strategic Energy (SEG) that would have valued the seller at some $513 million.
However,