Oil explorer Gippsland Offshore Petroleum Ltd Ltd has scrapped the planned $25 million acquisition of West Perth-based Finder Exploration Pty Ltd after it was unable to reach agreement with the vendors of Finder.

Oil explorer Gippsland Offshore Petroleum Ltd Ltd has scrapped the planned $25 million acquisition of West Perth-based Finder Exploration Pty Ltd after it was unable to reach agreement with the vendors of Finder.