Oil Search to weather the storm

OIL SEARCH says it is in a good position to weather the current financial crisis after notching up a record operating revenue of $US811.6 million ($A1.228 billion) for the 2008 year, up 13% from last year due to the strong oil price.

Oil Search to weather the storm Oil Search to weather the storm Oil Search to weather the storm Oil Search to weather the storm Oil Search to weather the storm

The company said the average price for oil for the year was $US100.11 per barrel compared to $US77.88/bbl in 2008.

The company added it generated sales revenue of $US765 million ($A1.

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