Santos Ltd T.STO

Primary Symbol: STOSF

Energy Oil & Gas E&P

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 > Bonterra/Spartan Telec

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Comment by larsen6on Dec 19, 2012 4:00pm

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Post# 20752253

RE: RE: RE: RE: RE: RE: RE: Bonterra/Spartan Telec

Only a couple of pennies now.

Someone just emailed me to remind me that when it is this close with a month still to go, the time premium has essentially been removed already. This might be enough to indicate further change.

I hate to rub it in Terroir, but while I still don't think the offer is higher enough, I am glad to be looking at a ration of Bonterra rather than Pinecrest. For the sake of Pinecrest holders, I hope that the bottom is soon reached for you guys.

L6

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