Santos Limited
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Dec 10, 2021 · The merger of Santos and Oil Search is now effective following approval of Oil Search’s Scheme of Arrangement by the National Court of PNG. Oil Search shareholders to receive 0.6275 new Santos shares for each Oil Search share held.
Oil Search was the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operated all of the country's oilfields. In December 2021, it merged with the Australian company Santos. History. Oil Search was founded in 1929.
Santos Limited (Santos) is pleased to announce that the merger of Santos and Oil Search Limited (Oil Search) effected by way of scheme of arrangement (Scheme) has been implemented today. Accordingly, Santos has acquired 100 per cent of the issued capital in Oil Search from Oil Search shareholders.
Santos Limited (“Santos”) and Oil Search Limited (“Oil Search”) are pleased to announce that they have entered into a Merger Implementation Deed (“MID”), under which the two companies will combine via an Oil Search Scheme of Arrangement (“the Merger”).
Nov 11, 2021 · Oil Search shareholders are set to vote on Dec. 7 on a merger with Santos Ltd after gaining approval from a Papua New Guinea court and a mixed endorsement from an independent expert.
Dec 7, 2021 · Opposition by some longstanding Oil Search investors including former managing director Peter Botten has failed to derail the $23 billion merger with Santos which will bring to an end the...
Dec 9, 2021 · The scrip-based takeover of Oil Search by Santos was approved by a resounding majority of shareholders in the PNG oil and gas producer on Tuesday, while clearance from PNG’s competition ...
Dec 14, 2021 · Santos is pleased to announce that the merger with Oil Search is now effective following the approvals by Oil Search shareholders and the National Court of Papua New Guinea. Oil Search shareholders will receive 0.6275 new Santos shares for each Oil Search share held on the record date of 14 December 2021.
Sep 10, 2021 · Santos sealed an agreement to buy Oil Search to create a global top 20 oil and gas company, the companies said on Friday, even as the Papua New Guinea government raised concerns that a takeover...
Aug 2, 2021 · Sydney-based Oil Search has accepted a revised A$21bn (US$15.4bn) merger offer from fellow Australian company Santos that would create one of the 20 biggest oil and gas companies in the world.
