Oil Search output could drop in 2010

OIL Search expects its 2010 production to be about 10% lower than in 2009 due to natural decline and changes in its oil field management approach to conserve gas.

Oil Search output could drop in 2010 Oil Search output could drop in 2010 Oil Search output could drop in 2010 Oil Search output could drop in 2010 Oil Search output could drop in 2010

Company managing director Peter Botten noted this forecast could change after the board approves the 2010 work program in February, which would be accompanied by production and expenditure forecasts.

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