Oil Search Limited (ASX:OSH) (OTCMKTS:OISHY) Oil Search Limited is engaged in the exploration, development and production of oil and gas fields. The Company holds interest in the PNG LNG Project, a liquefied natural gas (LNG) development project. It holds interest in Papua LNG Project. Its segments include PNG oil and gas, which includes the exploration, evaluation, development, production and sale of crude oil, natural gas, condensate and other refined products.
The Australian share market posted a strong gain boosted by banks and miners on Tuesday after good lead from European markets and Wall Street. At the close, the benchmark S&P/ASX200 index was up 69.1 points, or 1.49 per cent, at 4704.2 points, while the broader All Ordinaries index surged 64.9 points, or 1.39 per cent, to 4724.4.
The Australian sharemarket closed marginally lower in light trading yesterday as banks were down on concerns that bad debts could increase after interest rate rise. The benchmark S&P/ASX 200 index gave up 5.9 points, or 0.13 per cent, at 4670.60, while the broader All Ordinaries lost 0.19 per cent to 4686.40 points.
US shares fell on Thursday as the services sector index declined unexpectedly in November. The contraction also hurt sentiment ahead of the release of unemployment figure.
Wall Street hit new highs for the year over optimism of the corporate earnings. The rise was led by Caterpillar as a broker said the company was among the best-positioned companies to benefit from improving global growth and spending on construction, infrastructure and commodities.
Last Friday, the Australian shares ended higher for the first time in a week. The benchmark S&P/ASX200 index gained 7.5 points, or 0.19 per cent, to 3,899.6 points, and the broader All Ordinaries index advanced 7 points, or 0.18 per cent, at 3894.4 points.
Yesterday the Australian shares fell in a day of light trading as the market had a breather after a few weeks of rally. The benchmark S&P/ASX200 index were 1.2%, or 48.8 points, lower at 3877.2, while the broader All Ordinaries index was down 1.2%, or 46.9 points, at 3863.6.
On Wednesday, the Australian sharemarket closed lower despite a positive start led by rally on Wall Street overnight. The benchmark S&P/ASX200 index was down 23.6 points, or 0.67 per cent, at 3,499.63 while the broader All Ordinaries index shed 29.9 points, or 0.85 per cent, to 3,483.23. The market has lost half its value, or A$804 billion in just over one year. Analysts say that the overall trend may not change without catalyst for the market to go up while the overseas will pull the Australia market lower each time it seems to hit the bottom.
Oil Search Limited (ASX: OSH) - 2008 Annual General Meeting - Mr Peter Botten, MD; Oil Search Limited (ASX: OSH) present the following audio webcast regarding "OSH - 2008 Annual General Meeting - Mr Peter Botten, MD". You may also download this audio webcast to your computer or portable audio player.
Oil Search Limited (ASX: OSH) - 2007 Half Year Results - Mr Peter Botten, MD; Oil Search Limited (ASX: OSH) present the following audio webcast regarding "2007 Half Year Results". You may also download this audio webcast to your computer or portable audio player.
Oil Search Limited (ASX: OSH) - 2006 Half Year Results Presentation - Mr Peter Botten, MD; Oil Search Limited (ASX: OSH) present the following audio webcast regarding "2007 Annual General Meeting". You may also download this audio webcast to your computer or portable audio player.
