Oil Search was founded in 1929 and operates all of Papua New Guinea's oilfields. The PNG government holds a 10% interest. Oil Search had successfully run PNG oilfields since assuming operatorship from ExxonMobil in 2003. However, the tyranny of distance saw the large and high-quality gas fields largely stranded until 2014. The PNG LNG project is the first step to monetise those vast gas resources, again under the direction of ExxonMobil. First-stage construction is complete, with potential for expansion from two trains to five.
Quote | Oil Search Ltd (OTCMKTS:OISHF)
Last: | $2.90 |
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Change Percent: | 0.0% |
Open: | $2.9 |
Close: | $2.90 |
High: | $2.9 |
Low: | $2.9 |
Volume: | 373 |
Last Trade Date Time: | 12/21/2021 11:34:55 am |
News | Oil Search Ltd (OTCMKTS:OISHF)
Baker Hughes (NASDAQ:BKR) in the news today with an equipment sale to Australian LNG and domestic oil & gas producer Santos (OTCPK:STOSF). The project will store 1.7mtpa of CO2 in depleted, onshore natural gas reservoirs, about 1/2 of 1% of Australia's annual CO2 emissions. The equipment ...
The fund is a long-only investment manager. We do not use leverage and we do not short. Since we only invest when we have high conviction, we manage a concentrated portfolio. The Fund portfolio returned 12.1% for the September quarter. Over the past year, the portfolio has returned 78...
Message Board Posts | Oil Search Ltd (OTCMKTS:OISHF)
Subject | By | Source | When |
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chartguy89: OISHF 8.131 Stock Charts $OISHF 1 Month Chart | chartguy89 | investorshangout | 03/09/2014 5:43:06 AM |
chartguy89: OISHF Stock Charts Last: -0.22 Friday, February 28, 2014 at 12:12:10 PM $OISHF 1 | chartguy89 | investorshangout | 02/28/2014 5:12:21 PM |