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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; [email protected] 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
03/24/201717:00:00ExxonMobil Recommends Shareholders Reject the Below-Market Mini-Tender...
03/16/201723:08:00Exxon Rejects New York's Accusations in Climate Case
03/16/201722:49:00Exxon Rejects New York's Accusations in Climate Case
03/16/201714:55:22Statement of Changes in Beneficial Ownership (4)
03/15/201717:47:00Many Executives Use Numerous Email Addresses, But Few Adopt Alter...
03/15/201709:00:00ExxonMobil to Release 2016 Financial and Operating Review
03/15/201703:04:00Australia Gets Commitment From Gas Producers to Increase Domestic...
03/14/201706:00:00Buckhorn Energy Services, LLC Enters Into Service Agreement with...
03/13/201720:50:00Rex Tillerson Used Alias Email at Exxon to Discuss Climate Change...
03/10/201712:19:10Automatic Shelf Registration Statement of Securities of Well-known...
03/10/201703:02:00Shell Deals Forsake Canada's Oil Sands -- WSJ
03/09/201715:53:00Shell to Sell Canadian Oil-Sands Business for $7.25 Billion...
03/09/201708:33:00Exxon Buys Stake in Offshore Mozambican Natural Gas Field for...
03/09/201708:08:00Watch now: BizWireTV Covers the Most Anticipated Gaming Console...
03/09/201706:41:00Shell to Sell Canadian Oil-Sands Business for $7.25 Billion...
03/09/201706:00:00ExxonMobil to Acquire 25 Percent Interest in Mozambique Area...
03/08/201707:29:00Oil Companies Take to Thrifty Bets
03/07/201711:31:38Current Report Filing (8-k)
03/06/201722:25:00Trump Praise for Exxon Follows Meeting With Tillerson, Ex-CEO
03/06/201718:38:00Exxon's $20 Billion Spending Plan Points to U.S. Energy Surge...

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