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Oil Search Aligns PNG Oil Stakes With $2.2B InterOil Buy

By Braden Campbell (May 20, 2016, 12:26 PM EDT) -- Oil field operator Oil Search unveiled plans Friday to align its interests in two natural gas development projects in Papua New Guinea with the purchase of gas exploration company InterOil for $2.2 billion in stock, plus an uncapped cash payment tied to yield at a jointly operated oil field....

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