June 22 (Reuters) - Oil Search Ltd (OSH) :
- Oil Search establishes US$600m revolving credit facility
- Signed documentation with a 14 member bank group for a new five year, non-amortising, revolving credit facility of US$600 million
- New corporate facility replaces a us$500 million non-amortising revolving credit facility that was due to expire in October 2017
- "New facility will provide us with funding flexibility for next phase of LNG development and expansion in Papua New Guinea"
- Increases size of facility from its original target of US$500 million, to US$600 million
