Santos Ltd 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 Ltd

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Post by 1bearon Jun 08, 2006 9:00pm

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Post# 10966256

MORE HERE THAN AN OIL PLAY

LOOKING AT THE HISTORY OF THIS DEAL AND THE REMARKS MADE IN TODAYS NEWS RELEASE I THINK YOU WOULD HAVE TO CONCLUDE THAT THE UKRAINIAN'S ARE HOPING THAT STO WILL HIT BIG AND IN TURN DRAW A LOT MORE FOREIGN CAPITAL TO HELP DEVELOPE THEIR OIL AND GAS POTENTIAL. IF I'M RIGHT ....STO WAS GIVEN A LOT OF DATA TO STUDY BEFORE DECIDING WERE THAT WANTED TO DRILL. AND AS TINMAN SAY'S ITS ALL LOW HANGING FRUIT. Chattyc....I HAD 10,000 SHARES OF ULTRA PETROLEUM AT .33 AND IT TRADED VERY MUCH LIKE THIS ONE IS JUST BEFORE IT TOOK OFF. HATE TO SAY IT BUT THEY SHOOK ME OUT AT .48 THREE DAYS BEFORE IT WENT TO THE MOON. IT WON'T HAPPEN HERE.

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