Oil Search suspends drilling at an oil well in Iraqi Kurdistan due to increased regional tensions and security issues, but reports strong financial results. While suspending operations at the well, other operations in the region continue as the security situation at the well site remains stable. Oil Search saw large increases in production and profits in the first half of 2014 driven by new natural gas projects in Papua New Guinea. However, future operations in Iraqi Kurdistan depend on improvements to the security situation in northern Iraq.