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Oil Search endures - July 25, 2021 - Petroleum News


Providing coverage of Alaska and northern Canada s oil and gas industry
Oil Search endures
Kay Cashman
Petroleum News
Despite what hindsight might show to be an unwise decision, Oil Search Ltd.’s board quickly accepted the resignation of its top executive Keiran Wulff, creating worries about the future of the big North Slope Pikka development and further opportunity for regional competitor and shareholder Santos to take over the company - and Pikka - at an undervalued price. However, despite badgering from concerned analysts and investors, Oil Search’s board and executive leadership team appear to be standing together in an attempt to stay on track with company-wide plans announced in November, including those for Alaska. ....

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