March 17 (Reuters) - Forent Energy Ltd:
* Forent Energy Ltd. announces termination of amalgamation
* Forent Energy Ltd says board of directors of forent has established an independent committee to investigate strategic alternatives for company
* Received notice from perisson petroleum corporation that it will not be proceeding with previously announced amalgamation with forent
* Brad Perry, forent's CFO has tendered his resignation
* Greg Florence CPA, CMA has been hired as Contract CFO, effective immediately
* Says key condition of amalgamation was that perisson petroleum corporation was to raise $40 million in new equity
* As They have failed to raise that amount, perisson considers amalgamation agreement to have expired Source text for Eikon: ID:nCCN3bB0r1 Further company coverage: FEN.V