OIL Search has agreed to a revised merger offer from Santos which will see its shareholders own 38.5% of the new, $21 billion company, and the board will unanimously recommend the offer to shareholders unless it receives a better one.
Revised up offer will create Top 20 oil company
The future of frontline operations
It remains subject to due diligence by both parties and the recommendations of an independent expert report. The former should take four weeks.
Headquarters remain in Adelaide, threats from PNG gov
SantOSH due diligence extended by week
The future of frontline operations
The future of frontline operations
