Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 23 : 9-Oct-15

Crude oil is currently trading at around $US50 per barrel, and Woodside Petroleum’s chances of striking a deal with takeover target Oil Search are likely to be enhanced if the price of crude remains low. Woodside CEO Peter Coleman is reluctant to increase the $A11.6bn bid as it would be earnings dilutive, although the group may potentially be willing to accept such an outcome in the short-term in order to secure a deal.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, OIL SEARCH LIMITED – ASX OSH, ORD MINNETT GROUP LIMITED, BERNSTEIN INVESTMENT RESEARCH AND MANAGEMENT