Aug 25 (Reuters) - Oil Search Ltd OSH.AX :
* HY total revenue $863.8 million versus $510.0 million last year
* HY net profit after tax $227.5 million versus $152.5 million
* HY total sales 14.45 mmboe versus 4.737 mmboe last year
* HY total production 14.32 mmboe versus 5.369 mmboe last year
* Says HY unit production costs fell 43%, from US$15.49 per boe to US$8.90 per boe
* "Targeting to increase high-margin operated Oil production by approximately 5% over current forecasts in 2016/2017 onwards"
* "Restructuring costs of approximately US$10 million in 2015 are captured within existing 2015 cost guidance"
* Interim dividend 6.0 cents per share
* Says capital costs for the 2015 full year are expected to be between US$610 million and US$690 million
* 2015 full year production guidance has been upgraded to 27 -29 mmboe
* Range of initiatives identified by the review will be progressively rolled out over the second half of 2015 and into 2016
* Sees FY production costs of US$9 - 11/boe
* "Some areas of business, such as investment in lng growth and png exploration, will be bolstered"
* "Guidance for other operating costs remains unchanged at US$145 -- 165 million"
* Certain initiatives are targeting a 15 - 20% reduction in our controllable operating and capital unit costs from 2016 onwards
* "Aiming for savings of between US$2.50 and US$3.50 per boe for Oil Search operated Oil and gas production"
* Source text for Eikon ID:nASX5r7D09
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