Woodside Petroleum not seeking to purchase Oil Lookup, CEO states (OTCMKTS:WOPEF)

Woodside Petroleum (OTCPK:WOPEF) isn’t interested in starting a takeover deal for Oil Search (OTCPK:OISHF), CEO Peter Coleman informs The Australian.

Coleman states Woodside is thinking of multiple possible M&A chances but any arrangement is improbable in the forthcoming months.

In 2015, Woodside produced a suggestion to get Oil Look for a Woodside share for each four Oil Research shares held.

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