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Oil Search boss enjoys $US1m pay boost

2015-04-10 07:43:03| Oil & Gas - Topix.net

Oil Search boss Peter Botten's annual pay packet has grown by $US1 million as the company's profit surged despite lower oil prices. The chief executive of the operator of the massive Papua New Guinea LNG project received remuneration worth $US5.7 million in 2014, up from $US4.8 million in 2013, as Oil Search achieved a 72 per cent rise in annual net profit.

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