Oil Search Ltd.

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About

Oil Search Ltd. is the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operates all of Papua New Guinea’s oil fields.

Oil Search is listed on the Australian and Port Moresby security exchanges (share code: OSH) and its ADRs trade on the US Over the Counter market (share code: OISHY).

Editor's note: Updated July 2, 2019.

Symbol(s)
ASX: OSH
OTC: OISHY
Headquarters Address

Ground Floor
Harbourside East Building
Stanley Esplanade Port Moresby
Papua New Guinea

Social

News

Oil Search said on Aug. 2 it intended to recommend an improved buyout offer from Santos Ltd., worth AU$8.4 billion (US$6.2 billion),…

A takeover of Oil Search would give Santos a bigger stake in the Exxon Mobil-led LNG project in Papua New Guinea plus operatorship of…

Oil Search’s main challenge this year is to sell a 15% stake in its $3 billion Pikka oil project in Alaska.

The agreement would stick to terms agreed in April 2019, PNG Prime Minister James Marape said.

Activity Highlights

 An Oil Search LLC completion of the North Slope was tested flowing at a stabilized rate of 3,520 bbl of oil per day. IHS Markit reported that #1 Stirrup was tested in a single stimulated zone. It was drilled to an estimated depth of 4,960 ft and…

Oil Search spud its second wildcat on the Alaska's North Slope at the Nanushuk oil project. According to IHS Markit, #1 Stirrup, Section 8-8n-3e in Umiat Meridian, is being vertically drilled to about 6,000 ft. It is targeting a Nanushuk…

A North Slope wildcat by Oil Search has been spud near the Placer Unit in Umiat Meridian, Alaska. The #1 Mitquq is in Section 3-11n-7e and is being directionally drilled approximately 3,083 ft east-southeastward to a bottomhole location in…

Sydney-based Oil Search reports its first Alaska North Slope wildcat, #1 Mitquq in Section 3-11n-7e, Umiat Meridian. The well has penetrated its primary objective in a Nanushuk reservoir separate from the Pikka Development Nanushuk reservoir.…

Oil Search is requesting approval from the Alaska Department of Natural Resources' Division of Oil and Gas for a North Slope drilling program near the Placer and Pikka Units that includes drilling and testing one well and a sidetrack, #1…

Transactions

Report Date Amount (MM) Description
2019-06-29

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Report Date Amount (MM) Description
2019-06-29 $450.00

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Report Date Amount (MM) Description
2019-06-29 $450.00

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Oil Search Makes Eleventh-Hour Deal For Armstrong’s Massive Alaska Discovery

Report Date Amount (MM) Description
2017-11-01 $400.00

Armstrong Selling Stake In Largest US Oil Discovery In Decades

Armstrong Selling Stake In Largest US Oil Discovery In Decades

Report Date Amount (MM) Description
2017-11-01 $400.00

Armstrong Selling Stake In Largest US Oil Discovery In Decades

Armstrong Selling Stake In Largest US Oil Discovery In Decades