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 > No convincing reason

<< Previous

Bullboard Posts

Next >>

Comment by wisewunon Dec 12, 2012 4:16pm

257 Views

Post# 20721476

RE: RE: No convincing reason

I agree that if Spartan can build value on its own. Perhaps Penn West will come with a better offer? After all, they own a big chunk of Spartan after investing at the $1.49 level when it spun out. Will be interesting. I think Bonterra is trying to justify their existence by buying STO. I think STO should tell BNE to come back with a better offer.

<< Previous

Bullboard Posts

Next >>

Gold Flora's Gramlin holds court in California cannabis market