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Oil Search sitting pretty to buy Santos assets in PNG

2015-08-25 10:47:13| Oil & Gas - Topix.net

Peter Botten says any investment in Santos assets in PNG will be carefully considered and the price must be right. Oil Search is eyeing some of Santos' assets in Papua New Guinea for potential acquisition, including its stake in the $US19 billion PNG LNG project, as it looks to take advantage of its balance sheet and the low oil price environment to add high-quality assets in its home market.

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