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 > Inside Buying

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Comment by nijinsky70on Oct 23, 2012 8:40pm

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Post# 20516000

RE: RE: RE: RE: Inside Buying

Hi larsen6:

Taking the company private could be one the plausible motives of these constant insider buying. This is one strange stock for me to own. On the positive side I'm in the money, say about 12%, not much but not in the red either On the negative side that not much of a return for holding on for long, if that's all you get. The money could be better served if invested elsewhere. This is a tough call. Right now I'll wait until he Q3 results to make up my mind on stay or go. You know it would have helped if the company gives some indication on how it's doing other than reporting at every quarter end. We have to wait three months for any kind of news between quarters. That's not taking your shareholders interest seriously.

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