STO got the Alaskan assets when they merged with Oil Search.
Oil Search had bought into Alaska from (I think, Bill Armstrong) who was a wild catter up there.
I seem to recall that Armstrong was from Denver.
The buy in by OSH was the reason I bought a small position in OSH & now have shares in STO.
Alaska is a pretty big operation for an Australian company (compared to the US majors) and I think that STO have a couple of hundred people on the ground up there.
I can't recall whether Armstrong still has a minor interest in it but he may have.
I'm glad that STO & OSH merged because despite OSH's size at the time, it needs a $25 Billion mover behind it.
Ann: Dividend/Distribution - STO, page-73
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Last
$7.94 |
Change
0.000(0.00%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.93 | $47.72M | 6.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67051 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 2000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |