PNG could be loser in Santos deal

A MERGED Santos-Oil Search would be likely to embark on asset sales including Oil Search’s Alaskan oil interests and could slim down its beefed-up portfolio in Papua New Guinea, analysts say.

PNG could be loser in Santos deal PNG could be loser in Santos deal PNG could be loser in Santos deal PNG could be loser in Santos deal PNG could be loser in Santos deal

Oil Search's office in Port Moresby

But any divestments would be from a position of strength, given the more robust balance sheet the combined company would have compared to Oil Search on its own, Angela Macdonald-Smith writes in the