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.

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Santos Ltd > STO trading halted!

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Comment by nijinsky70on Feb 21, 2012 8:29pm

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Post# 19564242

RE: STO trading halted!

Here is a little bit more about the trading halt. I know it does not tell us too much more but it looks like some info that can affect the SP is coming (a new major find? a buyout - something everyone want to hear? or a new share issue?)

__________________________________________________________

Press release from CNW Group

IIROC Trading Halt ? STO

Tuesday, February 21, 2012

TORONTO, Feb. 21, 2012/CNW/ - The following issues have been halted by IIROC:

Company: Spartan Oil Corp.

TSX Symbol: STO

Reason: Dissemination

Halt Time (ET): 4:48

The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.