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Oil Search lifts profit and dividend

2015-02-24 12:05:48| Oil & Gas - Topix.net

A near tripling of production has helped Oil Search achieve a 72 per cent rise in annual profit, even with a massive charge related to falling oil prices. The oil and gas explorer made a net profit of $US353 million in 2014, up from $US206 million in 2013, as production nearly tripled and revenue more than doubled.

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