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Oil Search 2Q Revenue Edges Back On Lower Oil Price

By Ross Kelly SYDNEY--Oil Search Ltd. (OSH.AU) on Tuesday reported a 2.7% fall in second-quarter revenue due to lower oil prices and said it expects to conclude a sell-down process for some exploration acreage in natural gas-rich Papua New Guinea soon. Revenue for the three months to June 30 fell to US$211.3 million, down from US$217.8 million on year and beating a UBS forecast of US$171.1 million. Quarterly production edged up to 1.80 million barrels of oil equivalent from 1.77 million BOE and Oil Search stuck to its full year production guidance of 6.2 million-6.7 million BOE. -By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com Order free Annual Report for OIL SEARCH LTD Visit http://djnweurope.ar.wilink.com/?ticker=PG0008579883 or call +44 (0)208 391 6028 Order free Annual Report for Exxon Mobil Corporation Visit http://djnweurope.ar.wilink.com/?ticker=US30231G1022 or call +44 (0)208 391 6028 Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
07/27/201510:00:00ExxonMobil to Release Second Quarter 2015 Financial Results
07/22/201520:19:21Falling Crude Prices Upend Canada's Oil Sands Projects
07/20/201520:58:38Oil Search Quarterly Production Rises, Lifts Fiscal Year Target
07/17/201515:03:023 Stocks to Watch at the Pump
07/15/201507:33:02The Best Stocks to Invest in Gas Stations
07/13/201519:15:14Environmental Activists Can't Intervene in Exxon Case, Judge...
07/13/201515:26:47Environmental Activists Can't Intervene in Exxon Case, Judge...
07/13/201512:05:03Is It Time to Buy Offshore Drillers?
07/11/201512:08:03BP's Dividend Looks Really, Really Tempting: What's the Risk?
07/10/201518:08:03The Energy Market: Moving From One Hyperbole To Another
07/10/201512:11:033 Energy Stocks to Buy in July
07/09/201510:38:27Correction to Seplat, Niger Delta story
07/09/201508:20:21Pope Inspires Catholic Investors to Press Environmental Concerns
07/09/201505:10:28Seplat Presses Ahead With Possible Niger Delta Acquisition
07/08/201517:34:033 Reasons Chevron's Stock Could Fall Further
07/03/201514:20:02I Finally Took My Own Advice and Bought Shares of ExxonMobil
06/26/201518:55:46Guyana Assures Exxon Venezuela Dispute Won't Slow Oil Exploration
06/26/201516:40:27Exxon Mobil, BP Suspend Canadian Arctic Exploratory Drilling...
06/26/201516:27:07Exxon Mobil, BP Suspend Canadian Arctic Exploratory Drilling...
06/23/201521:10:40Exxon Stops Pumping Oil off Coast of Santa Barbara

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