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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
09/02/201512:50:00Shell, Exxon Must Pay Groningen Quake Compensation
09/02/201512:30:00Shell, Exxon Ordered to Pay Groningen Earthquake Compensation
08/25/201522:10:00Judge Approves NJ Settlement With Exxon Mobil
08/24/201514:19:00Mining, Oil Stocks Feel Market Heat
08/14/201512:00:00Keller Rohrback Investigates Alleged Price-Fixing by Chevron...
08/13/201517:40:08California Regulator Proposes $566,600 Fine Against Exxon
08/13/201517:21:32California Regulator Proposes $566,600 Fine Against Exxon
08/10/201519:58:31Chevron Takes Harder Punch From Low Oil
08/06/201516:25:22Statement of Changes in Beneficial Ownership (4)
08/06/201511:00:00ExxonMobil Signs Agreements to Increase Position in Permian Basin
08/05/201514:48:23Statement of Changes in Beneficial Ownership (4)
08/05/201511:48:51Quarterly Report (10-q)
08/04/201509:00:52U.S. Stock Futures, European Equities Drop as China Rallies
08/04/201508:00:00ExxonMobil to Expand U.S. Domestic Crude Processing Capacity...
07/31/201520:48:39Pain Worsens for Oil Giants Exxon and Chevron
07/31/201519:53:11Pain Worsens For Oil Giants
07/31/201511:10:45Exxon Mobil Earnings Cut In Half Amid Lower Crude Prices--3rd...
07/31/201510:00:12U.S. Hot Stocks: Hot Stocks to Watch
07/31/201509:44:26U.S. Hot Stocks: Hot Stocks to Watch
07/31/201509:30:07Chevron's Profit Plunges on Impairments

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