OSH 0.00% $4.04 oil search limited

News: OSH Oil Search says qtrly total production 7.24 mmboe

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    July 18 (Reuters) - Oil Search Ltd (OSH) :

    • Qtrly total production 7.24 mmboe versus 7.57 mmboe in prior quarter
    • Qtrly total sales 6.96 mmboe versus 7.22 mmboe in previous quarter
    • Qtrly revenue US$ 332.5 million versus US$343.7 million in the previous quarter
    • Company remains on track to deliver 2017 production within 28.5 - 30.5 mmboe guidance range.
    • Production costs are expected to be in lower half of full year guidance range of US$8 - 10 per boe
    • Other operating costs are anticipated to be between US$53 million and US$57 million
    • Depreciation and amortisation is expected to be towards lower end of US$12 - 13 per boe guidance range
    • Second half costs expected to be higher due to timing of major work programmes
 
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