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Oil Search boss vows ‘discipline’ even as crude rallies

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“The company took decisive action to ensure that we limited discretionary spend, enhanced our liquidity, right-sized the organisation and materially reduced our operating cost base and break-even for new and existing projects,” Dr Wulff said.

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However, as Brent oil rises back above $US60 a barrel and the company prepares to return to growth with a $US3 billion oil project in Alaska, Dr Wulff said Oil Search would remain focused on ensuring it was able to navigate through periods of…



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