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Santos Ltd T.STO


Primary Symbol: STOSF

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

Comment by nlr2on Dec 11, 2012 10:01pm
203 Views
Post# 20716728

RE: RE: RE: RE: THe Next Move!

RE: RE: RE: RE: THe Next Move!

Why would they not? They would have no interest in the Sask lands, they just want the cardium. They would lose zero production and the land is unproven and isn't in Bonterra's wheelhouse. Its an option to get the deal done which costs Bonterra nothing and would help get people onboard.

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