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 30, 2006 12:27pm

220 Views

Post# 11052999

Is this a set up?

A month ago you had to use dynamite to get the shares off anybody.... and that was at prices over a dollar. Nobody was selling and there was a real shortage stock. Now here we are almost there and with just a few thousand shares traded we are at .60 and most of us hoping to see a dollar again. Just wish I did,nt feel like I was being setup to let my shares go cheap if and when this thing runs.

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