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

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Post by Thailanddanon Jul 23, 2015 9:13am

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Post# 23951991

Sold below cash value

"If" the insiders have been invovled in selling the company for somewhere around 40% less than
it's cash value and they benefit from that sale- is that not a conflict of interest?

Maybe someone should call the exchange and see what they have to say.

I am travelling or I would myself. NOt saying the insiders have done anything wrong but it would be interesting to hear what the echange had to say on the matter.

GLTA

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