Oil Search (ASX:OSH) has announced its half year results for financial year 2019 with net profit after tax increased rising by 13 per cent to US$341.2 million.
The company says it's a strong result given the temporary shut-down of it's PNG operations following an earthquake in February 2018.
Total revenue increased by 6 per cent to US$1.54 billion.
Total sales decreased 17 per cent to 25 million barrels of oil (mmboe).
The company declared a total dividend (US cents per share) 10.5, up 11 per cent
Oil Search says stronger global oil and gas prices more than offset a 17 per cent decline in production and sales volumes.
Shares in Oil Search (ASX:OSH) are trading 1.10 per cent lower to $8.07.