Australia’s Invictus Plunges After Qatari Deal Falls Through

Australian oil and gas explorer Invictus Energy Ltd.’s shares plunged more than half after it failed to reach an agreement on the terms of a deal announced last year with...

By Paul Burkhardt · Bloomberg Markets

Australian oil and gas explorer Invictus Energy Ltd.’s shares plunged more than half after it failed to reach an agreement on the terms of a deal announced last year with a Qatari investment firm.