Santos Ord Shs T.STO

Primary Symbol: STOSF

Energy Oil & Gas E&P

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

Santos Ord Shs

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Post by splurgeon Dec 12, 2012 8:30am

221 Views

Post# 20718059

So that explains it!

So that explains it.

Insiders of Bonterra own 22% of STO.

Why how and when?

My guess and speculation ..... Just short PRY and buy STO during PRY's bid with the backing of all their advisors quite possibly? PRY had an excellent presentation and rational for their bid and it was well thought out. But you need the right players on Bay Street and out west supporting you quietly behind the scenes. If you don't then this is what happens. But why no data room and why is STO not opening everything up to other bids. Why are they so quick to accept the offer. Strange. Also I would guess that if PRY does not move up soon they will be next.

Cheers

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