Target Energy Limited (ASX:TEX) advises that following discussions with Scotia Waterous, the decision has been taken to defer the planned divestment of the Fairway asset until such time as there is a meaningful recovery in oil prices. Laurence Roe, Managing Director of Target Energy, commented, it is Target's view that deferring the sale until such time as prices recover and when we can expect competitive bids for our Permian Basin asset remains the best course of action.