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 > More on Oberndorf

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Comment by larsen6on Dec 14, 2012 1:54pm

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Post# 20731943

RE: RE: RE: RE: RE: More on Oberndorf

Hi Terroir

Unfortunately I can't accept that bet, even including dividends. It needs to be one growth E&P against another. I am not a fan of either PRY or BNE to tell you the truth. You may have guessed this by now :)

Thanks for clarity on your holdings. Disappointed to hear that you will vote yes to the Bonterra takeover. I am willing to take more risk and say no.

Spartan will be snooping around with all their large shareholders ahead of the vote. There is no doubt that Oberndorf Holdings will be giving them an earful, probably even today. LOL.

May we live in interesting times.

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