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Santos Ord Shs T.STO


Primary Symbol: 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

Comment by larsen6on May 18, 2012 8:25pm
169 Views
Post# 19927752

RE: RE: BNN Recommendation

RE: RE: BNN Recommendation

Saw the Nuttal comments as well.  He sounded pretty positive on this stock.

 

There is a lot of fear out there.  STO finally broke $3.75 today to the downside.  Although i still have 170,000 shares, I am hoping to buy more at lower levels.  The three step downside wave is playing out now, even for STO.

 

I hope that we are all here talking about what a great opportunity May/June was come this winter.

 

GLTA,

 

L6

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