Oil Search denies takeover rumour

OIL Search’s share price has surged on the back of market speculation it is being targeted for takeover by a multinational petroleum company.

Oil Search denies takeover rumour
Oil Search denies takeover rumour
Oil Search denies takeover rumour
Oil Search denies takeover rumour
Oil Search denies takeover rumour

But the Papua New Guinea-focused company has denied any knowledge of a takeover bid in response to a query by the Australian Stock Exchange, after its shares leaped 7% to $A3.57 this morning.

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