Pura Vida disputes Gabon PSC termination

PURA Vida Energy has, after entering a trading halt earlier this week, updated the market on its dispute the energy department of the Gabonese government over its offshore Nkembe block, saying it has halted all work and wants a US$9 million signing bonus it paid in 2013 back.

Pura Vida disputes Gabon PSC termination Pura Vida disputes Gabon PSC termination Pura Vida disputes Gabon PSC termination Pura Vida disputes Gabon PSC termination Pura Vida disputes Gabon PSC termination
 
The real news is that the government has finally terminated the agreement after more than a year of argy-bargy, saying the junior has been "fully released of its interest in the Nkembe