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News: OSH Australia's Oil Search first-half revenue misses estimate

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    16/07/19
    10:45
    Post #: 39537931

    July 16 (Reuters) - Australia's Oil Search Ltd (OSH) said on Tuesday its first-half revenue rose 39% from a year earlier, when a deadly earthquake had ravaged the Papua New Guinea-focused energy explorer's production facilities.

    In a stock exchange filing, Oil Search said revenue for the six months ended June 30 rose to $777 million, missing Refinitiv Eikon estimates of $851 million. (http//reut.rs/2JONWyq)

    Production climbed 38% to 14.1 million barrels of oil equivalent.

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