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 > We Will Get More than Current Offer

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Comment by larsen6on Dec 12, 2012 11:25am

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Post# 20719320

RE: We Will Get More than Current Offer

Point 6. in reference to new TD (house 7) based shareholders should read:

'My summation is that they will vote NO and will be looking for a better price.'

We have nothing to lose by asking for another 10% folks. Even if the deal dies, Spartan will retain its current price. Why? Well, look at other oily companies such as MEI, RMP and TOL. These high quality names that have held their own at the current oil prices. In fact, I for one have kept buying them all in the recent month.

Larsen6

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