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Santos Ord Shs STOSF

Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit and Alaska is the third regional Business Unit. Supporting these three business units are two functional divisions: Santos Energy Solutions and Upstream Gas and Liquids. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. Its GLNG project in Queensland produces liquefied natural gas (LNG) for export to global markets from the LNG plant at Gladstone and is also sold to the domestic market. Northern Australia and Timor-Leste is centered on the Bayu-Undan/Darwin LNG (DLNG) project.


OTCPK:STOSF - Post by User

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Post by derrickanithaon Dec 02, 2015 7:20am
160 Views
Post# 24345715

Santos Discovers Gas in Whanto East-1 Well, Queensland

Santos Discovers Gas in Whanto East-1 Well, Queensland

Santos has discovered gas in Whanto East-1 well in ATP 1189, Queensland. The well is located in the Cooper Basin, approximately 110 km north-east of the Ballera gas processing plant.

The well, targeting the Toolachee Formation, was drilled to a total depth of 3,160m. The well intersected gas pay consistent with the pre-drill estimates....

For more: https://www.1derrick.com/santos-discovers-gas-in-whanto-east-1-well-queensland/17009/

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