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.

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Santos Ord Shs > Some Intersting Info on PRY

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Comment by larsen6on Nov 28, 2012 1:41pm

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Post# 20655926

RE: Some Intersting Info on PRY

Let me clarify that by a 'better deal', I mean a takeover of Spartan by a company prepared to pay a significant proportion of the deal in cash, and at a premium to the recent $5.00 share price. I am not looking for the moon, but $5.50 - $5.75 sounds fair to me. If Spartan can fend for itself at $5.00 under $85 WTI, then am I being greedy? What do I want a pile of PRY shares for?

If nobody is willing to buy in the market right now, then let's kill this deal. Spartan should continue to grow organically. What is the rush to sell?

Enough said.

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