News: OSH Oil Search's 3rd qtr revenue surges 81 pct as PNG output picks up

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    Oct 23 (Reuters) - Oil Search Ltd (OSH) , the largest oil and gas exploration company in Papua New Guinea, said on Tuesday its third-quarter revenue soared over the previous quarter as production recovered after an earthquake earlier in the year.

    Revenue for the three months to September rose to $474.9 million from $262.8 million in the previous quarter, the company said in a statement.

    Oil Search estimated annual production of 25 million to 26 million barrels of oil equivalent (boe) as operations resumed after the earthquake.

 
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