Oil Search jumps on news of Santos 企て，努力，提案
株 in Papua New Guinea-焦点（を合わせる）d Oil Search have jumped more than 6 per cent after it 確認するd larger 競争相手 Santos had made an unsolicited 引き継ぎ／買収 提案.
Oil Search said it had 拒絶するd the approach, made last month, because the 条件 and value were not in the best 利益／興味 of its 株主s.
But Santos on Tuesday said it was still hoping to continue 会談 to create a group that would have a 連合させるd market value of $22 billion.
By 1400 AEST, Oil Search 株 were up 5.8 per cent at $3.88 にもかかわらず broader 証拠不十分 in energy 在庫／株s. Santos 株 were 負かす／撃墜する 3.8 per cent to $6.57.
Under the 提案するd 申し込む／申し出, Santos would 申し込む／申し出 0.589 new 株 for each Oil Search 株 held. Based on Santos' June 24 の近くにing price, this valued Oil Search at $4.25 a 株, a 12 per cent 賞与金 to its 株 price at the time.
Santos received a letter from Oil Search on July 9 拒絶するing the 申し込む／申し出, but said it was still keen to 追求する 会談.
"Santos continues to believe that the 合併 提案 代表するs an 極端に attractive 適切な時期 to 配達する 説得力のある value accretion to both Santos and Oil Search 株主s," it said in a 声明.
The company 公式文書，認めるd that the 連合させるd group would 持つ／拘留する a "diversified 大臣の地位 of high 質, long-life 資産s across Australia and Papua New Guinea", 同様に as 強健な balance sheet with strong liquidity.
Both Santos and Oil Search own 火刑／賭けるs in the Exxon Mobil-led PNG LNG 事業／計画（する） in Papua New Guinea, while Oil Search also 持つ／拘留するs a 火刑／賭ける in the Total-owned Papua LNG 事業／計画（する）.
The 引き継ぎ／買収 告示 comes a day after Oil Search said its 長，指導者 (n)役員／(a)執行力のある Keiran Wulff had stepped 負かす／撃墜する after just 17 months in the 職業, に引き続いて a whistleblower （民事の）告訴 and 予定 to ill health.
