Nov 1 (Reuters) - Oil Search Ltd (OSH) :
- Acquires oil assets in Alaska North Slope
- Deal for an acquisition payment of $400 mln
- Acquisition, exploration, appraisal & development costs to be funded by existing cash, cash flows and additional financing facilities
- Will assume operatorship of assets in June, 2018
- To buy assets from privately-owned companies Armstrong Energy LLC and GMT Exploration Company LLC
- Has also entered into a cooperation agreement with Halliburton
- Nanushuk's purchase & development & LNG expansion in PNG to not impact dividend policy nor need additional equity to be raised
