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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
08/24/201617:12:00Largest Oil Companies' Debts Hit Record High -- Update
08/24/201605:59:00Largest Oil Companies' Debts Hit Record High
08/22/201620:56:00Oil Search Profit Hit by Weak Prices, Dents Dividend
08/19/201616:45:00ExxonMobil Contributes $500,000 to Flood Relief in Louisiana
08/18/201614:00:00ExxonMobil and Georgia Tech Innovation Could Lead to Significant...
08/15/201621:40:00Some International Companies Cautiously Return to Iraq
08/12/201613:51:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201613:18:00MARKET SNAPSHOT: Stocks Slip Off Records As A Drop In Miners...
08/12/201612:03:00MARKET SNAPSHOT: Stocks Pare Losses As Energy Stocks Rally
08/08/201614:05:00MARKET SNAPSHOT: Stocks Back Off All-time Highs As Health-care...
08/08/201611:59:00MARKET SNAPSHOT: Stocks Retreat From Records As Health-care Stocks...
08/08/201603:27:00Providence Resources Boosts Irish License Stake With Exxon Mobil...
08/04/201617:05:00Initial Statement of Beneficial Ownership (3)
08/03/201612:13:37Quarterly Report (10-q)
08/03/201609:00:00American Oil Producers Reduce Production Costs, Gain Edge Facing...
08/02/201613:10:00Exxon Official Calls Fossil Fuel Ban Unrealistic
08/02/201613:01:00Exxon Official Says a Ban on Fossil Fuel is Unrealistic
08/02/201609:05:00ExxonMobil Supports Development of Emerging Technologies at University...
08/01/201616:21:04Statement of Changes in Beneficial Ownership (4)
07/30/201603:02:00Oil Price Retreat Slams Producers -- WSJ

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