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 rktennon Jul 13, 2006 6:27pm

149 Views

Post# 11113222

I've read today that wintertime prices

for Gas in Europe are much higher than in the U.S., and the shortage of extra supply from Russia will cause a long term problem if it continues. This is in addition to the political risks of depending upon Russia for energy supplies. What a great time for STO and partner to hit a major Gas find in the Ukraine, hopefully they will! Great for us, great for them, and maybe Europe. Come on Zenon, make it happen, hit a major Gas find, and also come back with more deals!!!

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