Oil Search reports profit rise despite earthquake shutdown

PAPUA New Guinea focused giant Oil Search delivered a net profit after tax of US$341 million in 2018, around 13% higher than the previous year.

Oil Search reports profit rise despite earthquake shutdown Oil Search reports profit rise despite earthquake shutdown Oil Search reports profit rise despite earthquake shutdown Oil Search reports profit rise despite earthquake shutdown Oil Search reports profit rise despite earthquake shutdown

 

Over the past 12 months the company saw an increase of 15% in its 2P and 2C reserves and resources, the highest level in company history.