Just two weeks away from Merger Approval. Major Agenda during AGM on June 15th is Oil Search Takeover and its Benefit. Followed by a taker over vote(few weeks later)
Takeover already have Inter Oil Management Approval. It is done deal
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Have you noticed under new agreement between Total and Oil Search its share in Papua LNG will be 29%, exactly same that Oil Search it has in PNG LNG.
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Stage is already set for Oil Search Take Over. Once Inter Oil Merger completed, most likely TotalSA and Exxon Mobil will swallow Oil Search in a 50-50 Deal.
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