Nice, just like i thought (betwn 10-15$/boe).
Dorado stays with a local operator.
STO buys QE's 2P-220 mmboe (rounded off from 217) for USD2.15bil.
About time they replaced their dwindling 2P reserves by a bolt-on acquistion. They were together at Stag oilfield which was sold to Jadestone for USD 10mil recently.
Santos Buy Quadrant US$2.15B, page-4
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