Oil Search adjusts global reserve statement

PNG-focused oil and gas producer Oil Search says ongoing exploration at its Nabrajah field in Yemen will enable it to make significant additions to its reserve statement after reporting a 4.8% drop for 2005.

Oil Search adjusts global reserve statement Oil Search adjusts global reserve statement Oil Search adjusts global reserve statement Oil Search adjusts global reserve statement Oil Search adjusts global reserve statement

Oil Search released an updated reserve statement late Thursday revealing a proven (1P) reserve base of 84.7 million barrels of oil equivalent – 4.3mmboe lower than in 2004.

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