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Oil Search to sell shares to fund Papua New Guinea deal

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PORT MORESBY (Bloomberg) -- Oil Search Ltd. will sell about A$1.2 billion ($1.1 billion) in shares to Papua New Guinea to fund the purchase of a stake in discoveries that may lead to the Pacific nation’s second natural gas export project.


Oil Search to sell shares to fund Papua New Guinea deal Oil Search to sell shares to fund Papua New Guinea deal Reviewed by Crude Oil Brokers on 12:39 Rating: 5

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