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Oblivion for PSP cancelled?

The Elder Scrolls IV: Oblivion was a great addition to the PlayStation 3 lineup. Straight off the success of Morrowind, Oblivion pushes the RPG genre to the boundaries by creating an open ended experience with many choices to make allowing for hours and hours of endless gameplay.

Many would have expected that great experience to be transferred over to the portable realm as a Bethesda had plans for a PSP version of Oblivion by the end of 2007. However, in the recent months one would assume that the game could be on its way to being cancelled because of the lack of information for the title.

While this is not official, those thoughts of cancellation might be true as particular Gamestop retailers have reportedly called their customers whom pre-ordered Oblivion, informing them that the game has been cancelled.

When presented with the question, Bethesda responded, "We haven't changed our stance that we are not talking about this title right now,"

So does this mean that there will be no Oblivion on the PSP? If so, then it could come as a huge hurt to the PSP this holiday season as it surely would have been a top seller, something that the PSP could take advantage of just before Crisis Core releases in Europe and North America.

Source: Kotaku