OSH 0.92% $3.79 oil search limited

Ann: IOC notification of Superior Proposal-OSH.AX, page-7

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  1. 8,355 Posts.
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    Exxon Bid has opened the door for Joint Bid by ExxonMobil, TotalSA and OSH.
    ..
    I am pretty sure now that a Three Way Joint deal will be done. TotalSA, ExxonMobil and OSH will share the project else PNG Government will bloc the deal.
    ..
    Under OSH & InterOil deal, PNG Government was gaining 20% stake in project which is not part of Exxon deal. Why would PNG government throw the lucrative offer and approve ExxonMobil bid where it has no say at all.
 
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