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Santos Ord Shs T.STO


Primary Symbol: STOSF

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

Comment by terroiron Dec 17, 2012 11:08am
146 Views
Post# 20739791

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

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

1) no growth 2013 and perhaps 2014, sound familiar?

2) total cash flow about the same as Spartan/Pinecrest.

3) combined 2013 decline about 35% versus 40%

4) payout ratio about the same

5) combined debt higher at $175 mil vs what was it $50 mil?

6) didn't sound too friendly between managements

7) probably some wisedom in the 20% target decline rate, but does that adjust with cash flow netback value, or is it a mantra.

8) Oberndorf ain't no long term shareholder in the Bonterra/Spartan entity, imo, may be in some as yet unknown new entity.

Terr

 

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