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STO – Santos agrees proposed merger ratio with Oil Search

JMP Markets > JMP Knowledge Lab > Latest News > JMP Market News - PNG National Business News > Market Alerts > STO – Santos agrees proposed merger ratio with Oil Search

RE: STO – Santos agrees proposed merger ratio with Oil Search

JMP Markets – Market Alert

02 August, 2021

 

Download - Santos Announcement

 

Dear Valued Clients,

Santos and Oil Search have today reached agreement on the merger ratio under the proposed merger and the additional terms set out in this release (“Revised Merger Proposal”).

Please find attached Oil Search’s ASX announcement relating to the above, which was released to the ASX today.

Kind regards,

Chris Hagan

Head, Fixed Interest and Superannuation
JMP Securities

Level 1, Harbourside West, Stanley Esplanade
Port Moresby, Papua New Guinea

Mobile (PNG): +675 72319913
Mobile (Int): +61 414529814

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