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Oil Search Ltd (ASX: OSH) was established in Papua New Guinea (PNG) in 1929, where it operates all of the country’s producing oil fields, it holds an appraisal and exploration portfolio and has a 29% interest in the PNG LNG Project.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.19% at lunch.
Oil Search Limited (ASX: OSH) has elected to exercise an option which will double the company’s interest in several Alaskan oil operations. The cost is US$450 million.
Woodside Petroleum Ltd (ASX: WPL) shares currently offer a fully-franked, 5.41% dividend yield. Are the shares a buy for dividend income?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.
The Oil Search Limited (ASX:OSH) share price is up 2% thanks to two potential reasons.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.09% at lunch.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) ended lower on Thursday with shares of Rio Tinto Limited (ASX:RIO) and Woolworths Group Ltd (ASX:WOW) weighing on the ASX.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Tuesday.
