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 > IT'S A DONE DEAL!

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Comment by larsen6on Jan 25, 2013 3:06pm

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Post# 20891681

RE: RE: IT'S A DONE DEAL!

If you want to relax for a while, let your shares get converted. BNE will hold up in a downturn better than the juniors. It will also likely continue to go up if WTI gets near to $100.If you want more torque, then dump your shares and put the funds back into the juniors.As for me, if I was a one man campaign, I am glad that I was. If I drew even one or two readers attention as to just how bad the PRY bid was, then it was worth it. BNE got a great deal for the Spartan assets, better than they should have. In the end, the Spartan management wanted out. They got their wish.I will see you guys/gals on other boards.GLTA,Larsen6>

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