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.

OTCPK:STOSF - Post by User

Santos Ltd > L6 - $5.50

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Comment by larsen6on Jan 18, 2013 4:20pm

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Post# 20858908

RE: L6 - $5.50

Thanks. Congrats too terroir, I am sure that you have a few Spartan shares lying around too :)

And congrats to all Spartan shareholders who have hung in this long. Still a slight chance that another bidder may emerge, but the higher that BNE climbs, the less likely I see it as happening. Most of this volume is probably just Spartan shareholders cashing out before the conversion.

Have a great weekend all.

L6

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