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Woodside Petroleum won't rule out raising bid for Oil Search
2015-10-28 06:23:44| Energy - Topix.net
Woodside Petroleum has made it crystal clear it wants to keep all options on the table to pursue a takeover of Oil Search, issuing a formal correction to a newswire story in which chief executive Peter Coleman appeared to rule out raising its $11.6 billion scrip offer. Interviewed in Singapore on Monday, Mr Coleman said the rejected offer for Oil Search was "fair and fully priced".
Woodside Petroleum won't rule out raising bid for Oil Search
2015-10-27 17:28:53| Oil & Gas - Topix.net
Woodside Petroleum has made it crystal clear it wants to keep all options on the table to pursue a takeover of Oil Search, issuing a formal correction to a newswire story in which chief executive Peter Coleman appeared to rule out raising its $11.6 billion scrip offer. Interviewed in Singapore on Monday, Mr Coleman said the rejected offer for Oil Search was "fair and fully priced".
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.
Woodside Petroleum urges South Korea to help on Browse LNG sales, costs
2015-10-05 04:36:27| Energy - Topix.net
Woodside Petroleum is ramping up pressure on South Korea to sign up for liquefied natural gas from its proposed Browse floating project, emphasising it is in the nation's interests to see the project move ahead given the boost it would give to the economy and jobs. Senior executives at Woodside including chief executive Peter Coleman are also directly pointing to South Korea's responsibility to help reduce costs at the project given the three huge vessels to be used would be built at a South Korean shipyard.
Tags: sales
south
browse
costs
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.
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