Snippit from BRW today.
Santos in December boosted its 2025 oil production target to 120 million barrels of oil equivalent from its previous forecast of 100m boe. It reduced its breakeven oil price to under $US30 a barrel. Santos expects to move towards initial engineering and design by June on the hugely prospective Dorado discovery — billed as the largest oil find made in WA in 30 years — following a successful appraisal campaign in early October.
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- Ann: Quarterly Report December 2019
Ann: Quarterly Report December 2019, page-38
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