Santos Ltd 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.

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Santos Ltd > Last of the $4's today...

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Comment by nijinsky70on Nov 09, 2012 3:12pm

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Post# 20583251

RE: RE: Last of the $4's today...

Well based on today's trading and insiders bought more shares yesterday I can assume STO's Q3 must be good news. The market is funny, there are always ways to tipping off these kind of things.

On the other hand I'm pretty sure PSN's Q3 must be a dud. Share price dropped over $2 in recent trading sessions. Today and yesterday's volumes are those twice the normal (over 1.2 million, normal is around 600K) and SP is down and down. The bad news is written all between those lines.

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