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.
The Australian share market, including the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and All Ordinaries (INDEXASX:XAO)(ASX:XAO), closed firmly higher on Friday.