Oil Search has acquired a further 25% stake from ExxonMobil (it already had 30%) in the latterâs PPLs 474, 475, 476 and PRL 39 in the Eastern Foldbelt, onshore Papuan Gulf Basin. Oil Search-funded seismic is already underway here. Exxon (op) 45%, partner Oil Search.
Oil Search (->55%) has bought a 25% stake in the PPLs 474, 475 and 476 and PRL 39 from ExxonMobil (->45% op.).