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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Oil Search Acquires InterOil in $2.2 Billion Deal

Oil Search Limited Interoil Corporation
AnnouncedMay 20, 2016
TypeCorporate
Announced Date
May 20,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
2200




Snapshot
Asset/Basin:
{"Papua LNG (PRL 15 Elk-Antelope), Papua New Guinea"}
TargetZones:
{Elk-Antelope}
Location
Region
Austral-Asia

Country
Papua New Guinea


Transaction Details:  Subscribe to see

Oil Search and InterOil are pleased to announce that Oil Search proposes to acquire 100% of InterOil (the InterOil Transaction).

The InterOil Transaction, which combines two highly complementary companies and offers compelling financial and strategic upside potential for both InterOil and Oil Search shareholders, has been unanimously approved by both boards.

The consideration for InterOil shareholders comprises 8.05 Oil Search shares plus a Contingent Value Right (CVR)[1] for each InterOil share:

The implied transaction value of the Oil Search share component of the consideration is…

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Price History



Date Deal Headline Price$/acre
Feb-26-2026 Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal -   3,267
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Feb-17-2026 Ovintiv Sells Anadarko Assets for $3 Billion -   8,333