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Oil Search lifts production targets

2015-07-21 07:23:52| Energy - Topix.net

The Papua New Guinea-focused oil and gas producer now expects production in calendar 2015 to be between 27 million and 29 million barrels of oil or equivalent , up from its previous forecast range of 26 to 28 mmboe. The improvement comes after a boost in exports from its PNG liquefied natural gas joint venture took quarterly production to record levels.

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