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Oil Search (OTCPK:OISHF) says it agrees to an improved takeover offer from Santos (OTCPK:STOSF) that would create one of the world's 20 largest oil and gas companies, with a market value of more than A$22B (US$16B). Oil Search is Papua New Guinea's largest oil producer and owns a minority sta...
CHUNYIP WONG/iStock via Getty Images Oil Search Ltd. (OISHF) has rejected a takeover approach from Santos Ltd. (STOSF) that would create a A$22B (US$16B) liquefied natural gas export giant with operations across Australia and Papua New Guinea. Santos says made an all-share proposal on June 25...
Santos has built five natural gas asset hubs in and around Australia. Through organic growth and acquisitions, Santos grew production steadily while lowering breakeven oil price. Santos has become an FCF machine since 2015, when the GLNG project came on-stream. Santos is about to ...
Eni ([[E]] +2.3%) says it signed a non-binding memorandum of understanding with Australian natural gas supplier Santos (STOSF) to consider developing gas fields off northwest Australia and expand gas exports from Darwin.Eni already is partnering with Santos in the Bayu-Undan gas and condensat...
Santos (STOSF) says it has made a final investment decision to move forward with the $3.6B Barossa natural gas project, in what analysts expect will be a wave of new investments by energy companies in Australia.Natural gas from Barossa will feed Santos' existing Darwin LNG facility, where it ...
Santos (STOSF) wins approval to proceed with the A$3.6B (US$2.6B) Narrabri coal seam gas project in Australia, clearing the biggest hurdle for a controversial development that the government says could help fill a supply gap expected from 2024.The New South Wales Independent Planning Commissi...
Santos Limited (STOSF) Q2 2020 Earnings Conference Call August 19, 2020 09:00 PM ET Company Participants Kevin Gallagher - CEO Anthony Neilson - CFO Conference Call Participants James Redfern - Bank of America Mark Wiseman - Macquarie Adam Martin - Morgan Stanley Mark S...
Santos ( OTCPK:STOSF +13.4% ) has reported Q2 production increase 15% sequentially, to 20.6 MMboe. Half-year production was also up by 4%, to a record 38.5 MMboe, with Cooper basin and Queensland equity gas production up 18% and 15% respectively. More news on: Santos Limited, Santos Lt...
Santos ( OTCPK:STOSF -1.4% ) has started a concept study on a hydrogen future for the Cooper basin, and has appointed GHD to conduct the study, aimed to complete by the end of 2020. More news on: Santos Limited, Santos Ltd. ADR, Santos Limited, Commodities news, Read more ......
Santos ( OTCPK:STOSF ) says it has completed the purchase of ConocoPhillips' (NYSE: COP ) assets in northern Australia for a reduced upfront purchase price of US$1.265B. More news on: Santos Limited, ConocoPhillips, Santos Ltd. ADR, Energy stocks news, Read more ...
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Brisbane, Australia (ABN Newswire) - State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise further encouraging results from continued production testing of the combined Rougemont-2 vertical well and Rougemont-3 lateral wells ("Rougemont"). Despite the Bandanna coal seams still being co...
Play Video As spring heats up, so does the energy sector. The month started with Australian uranium company Boss Resources (ASX: BOE ,OTC Pink:BQSSF) announcing it had received a mineral export permit ...
Australian energy producer Santos (ASX: STO ,OTC Pink:STOSF) has released its Q1 2019 results, highlighting a 33 percent production increase compared to the same period in 2018. The oil producer credits the positive performance to sustained strength in its asset performance and the ac...