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Break Free helps Oil search into the black - Printable Version

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Break Free helps Oil search into the black - ioc.aussie - 05-19-2017

Oil Search has ample capacity to fund all committed expenditures, scheduled debt repayments and dividends even if oil and gas prices remain constrained in the short-term, he said at the company's annual general meeting in Port Moresby.

The oil and gas producer swung to a net profit of $US89.8 million in 2016, helped by a lift in sales, lower costs and gains from a break fee it received from ExxonMobil after losing a bidding war over InterOil.


RE: Break Free helps Oil search into the black - ArtM72 - 05-21-2017

Gains from a break free?

Hell, at least they could have thanked us, don't you think?

Hey Tusker, lunch?


RE: Break Free helps Oil search into the black - Tusker - 05-22-2017

'ArtM72' pid='80362' datel Wrote:Gains from a break free? Hell, at least they could have thanked us, don't you think? Hey Tusker, lunch?

Sure... <img src=" border="0" class="smilie" src="images/smilies/cool.gif" />