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Price slump hits Oil Search revenue

OIL Search production dipped 5% last quarter, and revenue was down 16% as the company grappled with lower oil prices.

Haydn Black
Price slump hits Oil Search revenue

Revenue slumped from $US562.1 million ($A730 million) to $US472.3 million as the lower liquids prices took a bite out of the bottom line. LNG prices were down to an average of $US12.37/MMBtu, down 14%...

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