Oil Search's rosy future

OIL Search's stock trading at 20 times next year's forecast earnings having recovered from $7 per share to $8.25 per share, defying the depressed market and beating even Cooper Basin trendsetters Drillsearch Energy, Senex Energy and Beach Energy, who have all rocketed up 20% in the past week.

Oil Search's rosy future Oil Search's rosy future Oil Search's rosy future Oil Search's rosy future Oil Search's rosy future

All three of the latter operate in the Cooper Basin, where their gas can be sent to Queensland for LNG processing and export at the three new LNG projects all scheduled to be operating this year.

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