MARKETS

Oil Search profit soars

OIL Search has smashed expectations delivering a 405% higher net profit after tax, no impairments for the half-year, reduced debt and an increased production target of between 29-30.5 million barrels of oil equivalent.

 Oil Search profit soars

      The company announced a 300% increase in its interim dividend to US4cps dividend (A5cps).   Managing director Peter Botten said NPAT of $129.1 million reflected 16% higher sales revenue...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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