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SANTOS LIMITED — M&A Activity 2021
Sep 5, 2021
65872_rns_2021-09-05_76b524be-b934-4d04-a50e-2bbda3d21078.pdf
M&A Activity
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ASX / Media Release
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6 September 2021
Extension of Oil Search due diligence period
Santos refers to its announcement of 2 August regarding Santos and Oil Search entering into confidentiality agreements and a period of exclusive mutual due diligence regarding the proposed merger of the two companies via a scheme of arrangement under which Santos would acquire all of the shares in Oil Search for a consideration of 0.6275 new Santos shares for each Oil Search share held.
Santos and Oil Search have agreed to extend the exclusive due diligence period for a further one week to 13 September 2021.
Ends.
This ASX announcement was approved and authorised for release by Kevin Gallagher, Managing Director and Chief Executive Officer.
Media enquiries James Murphy +61 (0) 478 333 974 [email protected]
Investor enquiries
Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T +61 8 8116 5000 F +61 8 8116 5131 www.santos.com
Andrew Nairn +61 8 8116 5314 / +61 (0) 437 166 497 [email protected]
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