News: OSH Oil Search Posts Q2 Total Revenue Of US$378.9 Million

July 16 (Reuters) - Oil Search Ltd (OSH) :

• Q2 TOTAL REVENUE US$378.9 MILLION VERSUS US$398.1 MILLION IN PREVIOUS QUARTER
• Q2 TOTAL SALES 6.7 MMBOE VERSUS 6.65 MMBOE IN PREVIOUS QUARTER
• Q2 TOTAL PRODUCTION 6.9 MMBOE VERSUS 7.2 MMBOE IN PREVIOUS QUARTER
• PRODUCTION GUIDANCE FOR 2019 FULL YEAR IS 28 - 31 MMBOE
• TOTAL CAPITAL EXPENDITURE FOR FULL YEAR IS EXPECTED TO BE BETWEEN US$500 AND $610 MILLION
• PRODUCTION COSTS ARE EXPECTED TO BE BETWEEN US$12 - 13 PER BOE FOR HALF YEAR AND US$11 - 12 PER BOE FOR 2019 FULL YEAR
• FIRST HALF DEPRECIATION AND AMORTISATION RATE IS EXPECTED TO BE US$12 - 13 PER BOE, IN LINE WITH REVISED FULL YEAR GUIDANCE RANGE

Source ( http://bit.ly/2lsEckY)

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