How Oil Search views Nanushuk development
Papua New Guinea-company funding acquisition from cash; looks to project financing for development; 500 million barrels initially
As reported in the Nov. 5 issue of Petroleum News, Oil Search is in the process of acquiring a portion of Armstrong Energy and GMT Explorationís Pikka and Horseshoe assets for $400 million. Oil Search, which operates in Papua New Guinea, said that amount is for an estimated discovery of some 500 mil....
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Funding from cash position
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