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Oil Search corporate - reported results analysis

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Report summary

Oil Search reported strong H1 results underpinned by the continued optimisation of PNG LNG production. Higher realised prices and lower costs also contributed to a half year net profit of US$129 million. This was higher than the full year 2016 result and resulted in an increased dividend of US$0.04 per share. With PNG LNG continuing to perform above nameplate capacity 2017 production guidance has been upgraded. A strategic focus is LNG expansion and the partners (Oil Search ExxonMobil and Total) are aiming to present a development concept for the Elk Antelope and P'nyang fields to the PNG Government in Q4 2017. Resource capture to support expansion is ongoing with further appraisal planned at P'nyang South 2 (Q4 2017) and Murak 2 (early 2018).

What's included

This report contains

  • Document

    Oil Search corporate - reported results analysis

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Table of contents

  • H1 2017
  • Q4 2016
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • Q3 2014 and Strategic Review
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Q3 2013
  • Q2 2013
  • Q1 2013
  • Half-year 2015
  • Half-year 2014
  • Full-year 2014
  • Full-year 2013

Tables and charts

This report includes 2 images and tables including:

Images

  • H1 2017: Image 1
  • H1 2017: Image 2

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