05-22-2014, 08:52 AM
Woodside, Oil Search Have Held Informal Talks: AFR
2014-05-21 20:22:25.254 GMT
By James Thornhill
May 22 (Bloomberg) -- Woodside Chairman Michael Chaney and
Oil Search Chairman Rick Lee have held informal talks at least
twice on a potential $11b-plus deal, Australian Financial Review
reports citing unidentified sources.
* Talks have been “casual and inconclusive": AFR
* Woodside has concerns over high level of sovereign risk
faced by producers in Papua New Guinea: AFR
* NOTE: Woodside on Wednesday said it had scrapped an
agreement to buy a quarter stake in Israel’s largest natural
gas field for up to $2.6b, see: NSN N5XGWV6K50YD<GO>
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