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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.


OTCPK:STOSF - Post by User

Santos Ltd
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Comment by 1bearon Jul 20, 2006 5:22pm
185 Views
Post# 11127771

RE: what's going on?

RE: what's going on?Could be that the content of the news release has started to be digested. For what I know about geology ....oil and gas rise above water ....which means that the upper level the "Maikop" level is where it should be. I think they have good reason to be "encouraged" by what they know already. However I also think we are all just guessing ...encluding me.The truth is I have never been so confused in all my 20 years of trading. Someone once stated that there are some con stories so good that a person would be a fool not to buy into them.... I just hope this isn't one of them. Bought some more today... all the best.
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