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 larsen6on Aug 08, 2012 11:28am

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Post# 20194240

Stock Not Moving

Interesting that in the last few days, as oil has risen, Spartan is dead in the water. There seems to be a wall of stock at $3.60 - $3.62 that cannot be taken out.

I have been buying DTX, TOL, CNQ, TOU and RPL as of late (yes, like everybody else). These seem to have more legs. Did not like the new TOU issue today, but after a huge run, TOU management took advantage of the high stock price to do the issue - minimizes dilution.

STO results will be forthcoming in a couple of weeks. This should clear the decks for a move back to $4.00.

JMO,

Larsen6

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