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Ann: Operations Update, page-16

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  1. 99 Posts.
    lightbulb Created with Sketch. 45
    Bottom Sentence. Interest is real in North Slope.

    OSH Announcement
    Preparations for Option exercise and divestment well advanced

    In preparation for the potential exercise of the Company’s US$450 million Option with Armstrong, which would see Oil Search double its interests in the Pikka Unit and the Horseshoe lease, Oil Search continues to advance preparations to sell down a material interest in the Alaskan portfolio to potential partners through a competitive process.
    Oil Search has received multiple unsolicited inquiries from oil industry participants, demonstrating strong interest in these assets.
 
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