1. Oil Search has a good oil business that is well established and gives a good return, potential for more oil.
2. PNGLNG will provide impressive returns for 20 years + high value steady income.
3. Expansion to PNGLNG looks likely.
4. Elk/Antelope may provide a second LNG investment and lease has upside.
5. Results from Taza are looking good.
Most importantly OIL SEARCH knows how to create value and they are "Doers", just look at what they built in PNG and their share price over last 10 years!
OSH Price at posting:
$9.52 Sentiment: LT Buy Disclosure: Held