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Oil Search downgrades 2018 production on PNG quake effects

Analyst RBC sees 23-26MMboe guidance as "conservative"

James Bowen
Devastating PNG quake downgrades Oil Search's production outlook

Devastating PNG quake downgrades Oil Search's production outlook

The company reported this week that first quarter revenue fell 24% compared with the first quarter of 2017, to US$295 million from $389 million.   Production was down from 7.59 million barrels of oil...

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