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Oil Search



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3Vote!

Oil Search abandons Libya well

PNG-focused oil and gas producer Oil Search Ltd has given up on an exploration well in Libya.

3Vote!

Oil Search abandons Libya well

PNG-focused oil and gas producer Oil Search Ltd has given up on an exploration well in Libya.

+Vote!

Oil Search discovers gas well in Yemen

Oil and gas producer Oil Search Ltd has reported its first discovery as a project operator outside of Papua New Guinea.

+Vote!

Oil Search discovers gas well in Yemen

Oil and gas producer Oil Search Ltd has reported its first discovery as a project operator outside of Papua New Guinea.

3Vote!

Shares up despite weak US market

... began drilling at its Pluto project, next to its North West Shelf operations in Western Australia.Oil Search was up 1¢ at $5.82 and Santos was 12¢ higher at $14.89.On Wednesday, Regional Express Holdings (REX) said first quarter net profit fell by 23 per cent on the corresponding period last year, but the airline forecast improving conditions in the next quarterBy 12.21 AEDT, REX was trading...

3Vote!

Stocks fall on sell-off

... ounce, up $US5.23 from Monday's closing price of $US1,163.27. Energy stocks were mostly down, with Oil Search off five cents to $5.81,Santos losing 24 cents to $14.77 and Origin down 11 cents to $15.85. Woodside Petroleum defied the market gloom to rise 39 cents to $49.10. On Tuesday Woodside announced its output for calendar 2009 would be within its guidance range before declining in 2010...

3Vote!

Mining and energy drive stocks

... at $75.13. Energy stocks were higher, too. Woodside rose 86 cents, or 1.72 per cent, to $50.96, Oil Search added eight cents, or 1.37 per cent to $5.93 and Santos gained 10 cents to $15.48. US stocks rallied to 13-month highs in New York on Monday, buoyed by a surprise rebound in US retail sales and amid a fresh bout of US dollar weakness and soaring commodities prices. The Dow Jones Industrial...

3Vote!

Resources gain boosts shares

... at $75.13. Energy shares were higher, too. Woodside rose 86 cents, or 1.72 per cent, to $50.96, Oil Search added eight cents, or 1.37 per cent to $5.93 and Santos gained 10 cents to $15.48. US shares rallied to 13-month highs in New York on Monday, buoyed by a surprise rebound in US retail sales and amid a fresh bout of US dollar weakness and soaring commodities prices. The Dow Jones Industrial...

3Vote!

Weaker resources slow market

... energy stocks, Woodside was down 52 cents, at $48.54, Santos fell 8 cents to 15.22 and Oil Search dropped 7 cents to $5.83. The major financial stocks also opened lower.NAB dropped 98 cents (3.26 per cent) to $29.10, ANZ was down 17 cents to $22.77, Commonwealth Bank lost 58 cents to $54.02 and Westpac was 11 cents lower at $25.93. On Wall Street overnight, a drop in energy stocks dragged...

3Vote!

Resources drag on stocks

... Among energy stocks, Woodside was down 52 cents at $48.54, Santos fell eight cents to 15.22 and Oil Search dropped seven cents to $5.83. The major financial stocks also opened lower. NAB dropped 98 cents, or 3.26 per cent, to $29.10, ANZ was down 17 cents to $22.77, Commonwealth Bank lost 58 cents to $54.02 and Westpac was 11 cents lower at $25.93. On Wall Street overnight, a drop in energy...

3Vote!

Stocks firm in midday trade

... that to give a bit of a push under the dollar."By 12.11 AEDT, major oil stocks had slipped, with Oil Search down six cents, or 1.01 per cent to $5.90, Santos falling 11 cents, to $15.42, and Woodside Petroleum losing 16 cents to $49.80.But major gold stocks were higher as the spot price of gold in Sydney continued to climb.At 12.13 AEDT, the spot price of gold in Sydney was $US1,120.20 per...

3Vote!

Sharemarket trades lower

... at $71.27. Energy stocks were weaker with Woodside down 71 cents, or 1.42 per cent, at $49.39, Oil Search was 3 cents lower at $5.89 and Santos was 5 cents weaker at $14.97. Oil and gas producer Woodside Petroleum Ltd said that the costs of its Pluto LNG project, offshore from Western Australia, had blown out by up to 10 per cent. At 11.08am, the spot price of gold in Sydney was $1,141.1...

3Vote!

PNG approves liquefied natural gas EIS

Oil Search says the Papua New Guinean government has approved the environmental impact statement (EIS) for the PNG liquefied natural gas project.

3Vote!

PNG approves liquefied natural gas EIS

Oil Search says the Papua New Guinean government has approved the environmental impact statement (EIS) for the PNG liquefied natural gas project.

3Vote!

Oz stocks close in the red

... 88 cents, or 2.21 per cent, to $38.85 and rival Rio Tinto fell $1.89, or 2.82 per cent, to $65.02.Oil Search was seven cents lower at $6.03, Santos down 17 cents at $15.27 and Woodside $1.25, or 2.46 per cent, weaker at $49.60.On Monday, the Dow Jones Industrial Average closed down 104.22 points, or 1.05 per cent, at 9,867.96.Among the banks, ANZ was down five cents at $23.75, NAB was six...