Oil Search Sell Down

[Bincbanker]

Just in Oil Search sold half of their stake in the gulf of Papua to Total. Press release doesn't give in pricing info that I see so far.

http://www.oilsearch.com/Media/docs/1210...892b-0.pdf

I knew it !!!!!!  Total (perhaps in combo with GDF/SUEZ)  also a Buyout candidate for IOC !

Total  despite being vey interested in IOC did not sign a NDA with IOC , strange because they are mega buyers in the gas arena and an ideal Asian player

BTW like RDS they need the Gas

I see Total buying up alot more fields

Thank you good news