Santos Ord Shs 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 Ord Shs

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Post by derrickanithaon Nov 16, 2015 1:19am

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Post# 24294047

Santos Hits Pay at Cougar East-1 in Queensland

Santos has encountered gas pay in Cougar East-1 well in ATP 1189, located approximately 110 km north-northeast of the Ballera gas processing plant, Queensland.

The well, targeting the Toolachee formation, represents the third new field discovery from the Windorah near-field exploration program. The well will now be cased and suspended.

Know more at https://www.1derrick.com/santos-hits-pay-at-cougar-east-1-in-queensland/16949/

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