Santos Ltd T.STO

Primary Symbol: STOSF

Energy Oil & Gas Integrated

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 > Highest volume ever. eom

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Comment by larsen6on Feb 17, 2012 4:14pm

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Post# 19551881

RE: Highest volume ever. eom

A lot of it was just intra-house crosses. The few houses that own the stock are driving it hard.

Sold 7 or 8% of my position today at an average of about $4.67, so all in all it was a pretty great day. Stock has gone completely parabolic and is nearing its current NAV. This is why I sold some.

Onwards and upwards, but unless something spectacular is in the works, it will settle down somewhere here in the $4's for a breather.

Congrats to STO holders. Thanks to management for creating another gem here. Time for a cigar.

L6

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