je.st
news
Tag: oil search
Oil Search plunges into the red
2016-02-23 02:22:59| Oil & Gas - Topix.net
Oil Search has cut its dividend payment to shareholders after plunging into the red with a $US39.4 million full year loss. The Papua New Guinea-focused company's loss for calendar 2015 represented a dramatic reversal of 2014's $US353.2 million profit.
Oil Search 'willing' to engage on proposals offering 'compelling' value
2015-10-20 15:32:49| Oil & Gas - Topix.net
'The Board remains open and willing to engage with and assess any proposals tabled in the future that reflect compelling value for Oil Search shareholders,' says Oil Search managing director Peter Botten. Oil Search managing director Peter Botten has declared the board of the oil and gas producer is "open and willing" to engage on any proposals that reflect "compelling" value for shareholders, but reiterated its objections to Woodside Petroleum's approach from last month.
Tags: search
value
oil
offering
Analysts wary of Woodside hiking Oil Search offer price
2015-10-15 20:48:52| Oil & Gas - Topix.net
Analysts reacted warily to speculation of a higher offer for Papua New Guinea oil and gas producer Oil Search by Woodside Petroleum, arguing that any deal could take several months to consummate. "It's a matter of timing.
How Oil Search deal found trouble in Papua
2015-10-10 11:55:55| Oil & Gas - Topix.net
Most are in their bespoke suits, one or two are in shorts and thongs to cope with the pressure and the heat. "He was harassing me like nobody's business," says one senior PNG source, describing how an Australian banker from UBS had been tailing him and aggressively hurling instructions.
Woodside Petroleum CEO Peter Coleman says Oil Search bid 'full price'
2015-10-04 16:17:56| Oil & Gas - Topix.net
Woodside Petroleum chief executive Peter Coleman feels no urgency to put forward a higher bid in the company's $11.6 billion takeover tussle for Oil Search , or to sweeten the offer with cash. Speaking for the first time on Woodside's rebuffed scrip-based approach for the Papua New Guinea oil and gas player, Mr Coleman robustly defended the one-for-four share proposal that was rejected by Oil Search's board, which described it as with "little merit" and "grossly undervalues" the company.
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] next »