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Oil Search posts solid profit

OIL Search has recorded $US202.5 million ($A188 million) in net profit after tax for 2011, a slig...

Marija Stojkovic

Profit for the year rose 9% on 2010, reflecting a 45% rise in the average realised oil price of $116.09 per barrel, which more than offset 10.6% lower sale volumes. Total oil and gas sales dropped to...

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