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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Comment by rktennon Jul 14, 2006 8:00pm

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Post# 11118465

RE: Here's What You Need To Know About STO

Well done Chattyc for reminding us of that great post from Tinmann. And thanks again to Tinmann for that great post in the first place. According to Pescod, we may know by Monday, if we have hopefully hit our major Gas find. Pescod knows the big stories. I take it hopefully, as a great sign of success for STO, and our Gas field! Using 40 year old equipment? No wonder its taken them so long to drill this well. However, better slow, safe, and careful, especially if we going through a major Gas zone! (please!)

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