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 > STO loosing momentum

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Comment by larsen6on Nov 27, 2012 3:18pm

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Post# 20650919

RE: RE: RE: STO loosing momentum

Could be, but I doubt that everyone got out.

Well, it was a good year till now. Managed to avoid one disaster by selling over 100,000 shares of PRY in high $2's, then sold 75,000 or so of RPL between $2.60 and $2.80. But alas, I could not avoid this nuclear bomb.

As Rick and company lose more friends and followers as a result of this deal, I hope that they will learn a lesson by jumping in on 'deal of the day' du jour. But perhaps they are so rich already, that giving up 15% or more on their stock/options in a week does not bother them.

Larsen6

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