Edition:
United States

Oil Search Ltd HY Net Profit After Tax $79.2 Million


Monday, 20 Aug 2018 07:34pm EDT 

Aug 21 (Reuters) - Oil Search Ltd ::HY NET PROFIT AFTER TAX $79.2 MILLION VERSUS $129.1 MILLION.HY TOTAL REVENUE $557.8 MILLION VERSUS $676.2 MILLION.INTERIM DIVIDEND OF 2.0 CENTS PER SHARE.2018 FULL YEAR PRODUCTION GUIDANCE HAS BEEN UPGRADED TO 24 - 26 MMBOE.2018 GUIDANCE FOR FULL YEAR UNIT PRODUCTION COSTS HAS BEEN NARROWED TO US$11 - 13/BOE.TOTAL CAPITAL EXPENDITURE FOR 2018 IS EXPECTED TO BE BETWEEN US$435 MILLION AND US$530 MILLION.MATERIALLY HIGHER OPERATING CASH FLOWS ARE EXPECTED TO BE GENERATED IN SECOND HALF.OTHER OPERATING COSTS AND DEPRECIATION AND AMORTISATION GUIDANCE REMAIN UNCHANGED FOR 2018.