Santos Ltd 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 derrickanithaon Nov 03, 2015 2:55am

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Post# 24252693

Sona Petroleum Buys Stag Oilfield, Off Australia

Sona Petroleum has agreed to buy the Stag oilfield, off northwestern Australia, from Santos and Quadrant Energy for $50 million.

Learn about the deal metrics at https://www.1derrick.com/sona-petroleum-buys-stag-oilfield-off-australia/16943/

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Investors eye Australian gold mining projects amid promising developments