Bottom Sentence. Interest is real in North Slope.
OSH Announcement
Preparations for Option exercise and divestment well advanced
In preparation for the potential exercise of the Company’s US$450 million Option with Armstrong, which would see Oil Search double its interests in the Pikka Unit and the Horseshoe lease, Oil Search continues to advance preparations to sell down a material interest in the Alaskan portfolio to potential partners through a competitive process.
Oil Search has received multiple unsolicited inquiries from oil industry participants, demonstrating strong interest in these assets.
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