{"id":60641,"date":"2014-09-19T20:24:55","date_gmt":"2014-09-20T00:24:55","guid":{"rendered":"http:\/\/countingpips.com\/?p=60641"},"modified":"2014-09-19T20:24:55","modified_gmt":"2014-09-20T00:24:55","slug":"why-the-oil-search-price-rose-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/why-the-oil-search-price-rose-today\/","title":{"rendered":"Why the Oil Search Price Rose Today"},"content":{"rendered":"
September 19, 2014<\/div>
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By MoneyMorning.com.au<\/u><\/a><\/p>\n

What Happened to the Oil Search Share Price?<\/h2>\n

Oil Search Limited [ASX: OSH] is an exploration, developer and producer of oil and gas resources in Papua New Guinea. <\/p>\n

OSH closed 1.20% higher on Friday. <\/p>\n

Why Did This Happen to OSH Shares?<\/h2>\n

Yesterday Oil Search\u2019s monthly report announced that the eighth production well G2 at Wellpad G has become a producer. <\/p>\n

What Now for Oil Search Limited?<\/h2>\n

Oil Search\u2019s share price has risen over 14% this year. <\/p>\n

Forecasts for production are positive. Between 2013 and 2015, production is expected to quadruple. The production figure will double again by 2020\u201322.<\/p>

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The share price is around $9.30, a little off the all-time high of $9.82 in June. <\/p>\n

OSH shares are a little on the expensive side; however, it\u2019s a solid oil and LNG stock.<\/p>\n

Shae Smith+<\/a>
\nEditor, Money Weekend<\/em><\/strong> <\/p>\n

Join Money Morning on Google+ <\/span><\/a><\/strong><\/p>\n

The post Why the Oil Search Price Rose Today<\/a> appeared first on Stock Market News, Finance and Investments | Money Morning Australia<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n


\nBy MoneyMorning.com.au<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MoneyMorning.com.au What Happened to the Oil Search Share Price? Oil Search Limited [ASX: OSH] is an exploration, developer and producer of oil and gas resources in Papua New Guinea. OSH closed 1.20% higher on Friday. Why Did This Happen to OSH Shares? Yesterday Oil Search\u2019s monthly report announced that the eighth production well G2 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-60641","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=60641"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=60641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=60641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=60641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}