OSH

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Oil Search Limited (Oil Search), incorporated in 1929, is engaged in the exploration, development and production of oil and gas. The Company operates primarily in Papua New Guinea but also has operations in Yemen, Egypt and Australia. In PNG, Oil Search�s operations cover an area of more than 1,800 square kilometers. During the year ended December 31, 2006, Oil Search�s proven and probable resources, comprising gas and associated oil and liquids, totaled 941.5 million barrels of oil equivalent (mmboe), taking the Company�s total proven and probable reserves and resources to 1,023.2 mmboe. The average gross production rate for the Kutubu field in 2006, was 15,813 barrels of oil per day (bopd). Production from the Greater Moran Unit averaged 20,238 bopd in 2006. Oil Search took over operatorship of Area A in Egypt in 2006.

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OSH-rel-Oil-WTI.png OSH-rel-Gold.png

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