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Oil Search misses shipment.(Oil Search Ltd. loses production due to anchor line breakage)(Brief Article)
Australasian Business Intelligence, February, 2005 by Wilson, Nigel
Feb 14, 2005 (The Australian - ABIX via COMTEX)
Australian petroleum company, Oil Search, will lose production from its oil terminal offshore Papua New Guinea. An anchor line is broken on the terminal's loading buoy and the terminal has been closed. The repairs could take until early March 2005. One shipment of crude oil is likely to be missed, and possibly two. Oil Search said that this would only postpone revenue.
Publication Date: 15 February 2005
OIL SEARCH LIMITED - ASX OSH
By Nigel Wilson
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