SYDNEY, AUSTRALIA: The merger of Oil Search Limited and Santos Limited effected by way of scheme of arrangement under PNG law has been implemented. Accordingly, Santos has acquired 100% of the issued capital in Oil Search Limited from shareholders. In accordance with the terms of the Scheme, eligible Oil Search shareholders have been issued the…
All posts tagged Oil Search Limited
Oil Search Limited
Oil Search Limited (ASX: OSH) is the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operates all of Papua New Guinea’s oilfields. Founded in 1929, it is now one of Papua New Guinea’s largest companies, and in 2006 was responsible for 13% of Papua New Guinea’s gross domestic product.…