Oil Search Limited (ASX: OSH) says performance for the quarter ended 31 December 2015 has resulted in all-time record production for the company.
Production in the fourth quarter was 7.51 million barrels of oil equivalent, taking full year production to 29.25 million barrels; a 52 per cent increase on last year.
Total revenue for the quarter was US$342.9 million, which was 10 per cent lower than the previous quarter, largely due to the fall in the oil price.
The company’s 2015 full year results are set to be announced on 23 February.
Oil Search reported a net profit of $296.23 million at 30 June 2015.
