Feb 19 (Reuters) - Oil Search Ltd (OSH) : FY NET PROFIT AFTER...

Feb 19 (Reuters) - Oil Search Ltd (OSH) :

• FY NET PROFIT AFTER TAX US$ 341.2 MILLION VERSUS US$302.1 MILLION
• FY TOTAL REVENUE US$1,535.8 MILLION VERSUS US$1,446 MILLION
• 2018 TOTAL DIVIDEND 10.5 U.S. CENTS PER SHARE
• FINAL DIVIDEND 8.5 U.S. CENTS PER SHARE
• IN 2019, PRODUCTION COSTS ON A PER BARREL BASIS EXPECTED TO BE 15-20% LOWER THAN IN 2018, AT BETWEEN US$9-10/BOE
• IN 2019, UNIT AMORTISATION COSTS ARE EXPECTED TO BE SIMILAR TO 2018
• 2019 CAPITAL COSTS FORECAST TO INCREASE FROM 2018, AS CO ENTERS FEED PHASE OF LNG DEVELOPMENTS IN PNG, PIKKA OIL FIELD DEVELOPMENT
• "ANTICIPATE GENERATING OPERATING CASH FLOWS OF APPROXIMATELY US$1 BILLION ANNUALLY"
• SEES OTHER OPERATING COSTS TO BE LITTLE HIGHER THAN 2018, DUE TO RISE IN ROYALTIES & LEVIES FROM HIGHER SALES REVENUE & GAS PURCHASE COSTS

Source: (http://bit.ly/2SK7vPJ)

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