See below excerpt from the release heading dated February 28
The Independent State of Papua New Guinea (the " State" and Oil Search Limited ("Oil Search" have today reached agreement under which the State will subscribe for 149.39 million shares in Oil Search Limited at A$8.20 per share. This agreement is subject to the execution of final financing documentation with UBS AG, Australia Branch, and the receipt of final State approvals which are expected to be received on or before 6 March 2014. Settlement of the subscription is expected to take place by mid-March 2014.