Last Update: Tuesday, May 31, 2005. 11:00pm (AEST)
Santos secures Indonesian gas deal
An Australian oil and gas company has signed a $700 million agreement to sell Indonesian gas.
Santos Limited says it has contracted to sell the entire reserves of the Maleo field, which it estimates will generate more than $700 million over its eight to 12 year life.
The joint venture expects to start work shortly on the production facilities.
and in late news from santos..
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