Oil Search raises A$1.6M from PNG offer

OIL Search has completed its Papua New Guinea retail shareholder offer, the final stage of its capital raise in order to sandbag the company from the oil price crash and economic shockwaves from the COVID-19 outbreak.

Oil Search raises A$1.6M from PNG offer Oil Search raises A$1.6M from PNG offer Oil Search raises A$1.6M from PNG offer Oil Search raises A$1.6M from PNG offer Oil Search raises A$1.6M from PNG offer

Final stage of capital raise now complete

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.