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Neptune Energy planning £7 billion IPO, reports The Sunday Times

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Oilfield Technology,

Neptune Energy is considering a £7 billion IPO, according to a report in The Sunday Times.

The company, founded in 2015, is believed to be close to appointing JP Morgan to explore a listing or sale to a rival.

Neptune reported 1Q21 gas production of approximately 125 700 boe/d earlier this month, in line with its expectations.

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