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Woodside Petroleum to let PNG ambitions lie

2016-02-22 02:39:14| Oil & Gas - Topix.net

Woodside Petroleum chief executive Peter Coleman has signalled the rationale for the company's unsuccessful $11.6 billion takeover tilt at Oil Search in 2015 is as strong as ever but says the company doesn't "see any basis" to try again after being brushed off last time. "Oil Search didn't engage last time so we don't see any basis upon which there would be an engagement at all," Mr Coleman said in Sydney.

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