Oil Search to bolster itself with US$700m equity raise

Three planned initiatives to strengthen balance sheet and liquidity but largest shareholder not participating

Operations: an Oil Search worker in Papua New Guinea — Operations: an Oil Search worker in Papua New GuineaPhoto: OIL SEARCH

Russell Searancke

Wellington

Papua New Guinea Oil Search Asia & Oceania Oceania

Published 7 April 2020, 01:59Updated 7 April 2020, 02:01