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Woodside Petroleum May Shelve Bid for Oil Search Stake - Printable Version

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Woodside Petroleum May Shelve Bid for Oil Search Stake - Gator - 12-08-2015

Woodside Petroleum May Shelve Bid for Oil Search Stake: AFR

2015-12-07 18:57:44.236 GMT

By Huang Zhe

     (Bloomberg) -- Woodside Petroleum may announce the decision as early as Tuesday, AFR reports, citing unidentified people close to Papua New Guinea government.

  * Woodside Petroleum’s efforts have stumbled over price

  * Oil Search may have turned focus toward potential tie-up   with InterOil Corp.




RE: Woodside Petroleum May Shelve Bid for Oil Search Stake - Putncalls - 12-08-2015

That sounds bad for us?


RE: Woodside Petroleum May Shelve Bid for Oil Search Stake - davidhmtk - 12-08-2015

'Putncalls' pid='65156' datel Wrote:That sounds bad for us?

The immediate trading reaction was negative, but possibly Woodside will try to swallow IOC first




RE: Woodside Petroleum May Shelve Bid for Oil Search Stake - Putncalls - 12-08-2015

Today's trading is probably about oil.


RE: Woodside Petroleum May Shelve Bid for Oil Search Stake - Gator - 12-08-2015

The first part of the story turned out to be true. Lets see how the second part works out.

Stay tuned.