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News: OSH Oil Search Exercises Right To Acquire 50 Pct Interest Alaskan Leases

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    25/01/19
    10:05
    Post #: 37221075

    Jan 25 (Reuters) - Oil Search Ltd (OSH) :

    • EXERCISED RIGHT TO ACQUIRE A 50% INTEREST IN 120 LEASES COVERING ABOUT 195,200 GROSS ACRES IN EASTERN AREA OF ALASKA NORTH SLOPE
    • WILL PAY APPROXIMATELY US$8 MILLION FOR LEASES
    • ANTICIPATED THAT LEASES WILL BE FORMALLY AWARDED BY STATE IN MID-2019
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