Home oil search
 

Keywords :   


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.

Tags: search red oil plunges

 

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.

Tags: search price offer oil

 

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.

Tags: search found deal oil

 

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.

Tags: search price full peter

 

Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] next »