STO 0.50% $7.95 santos limited

USD113/bbl oil price & USD104/bbl for Condensate.4.35mmbbls oil...

  1. Ya
    6,809 Posts.
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    USD113/bbl oil price & USD104/bbl for Condensate.
    4.35mmbbls oil & cond sales. Revenue of USD 479mil.

    Key trigger is their LNG sales data compared Qtr on Qtr, ie more volume sold, more cash generated post the Oilsearch Merger.

    Not much about Pikka & Dorado divestment. FID for Dorado pushed into the Second Half of the year with a Capex outlook of USD400mil subject to FID.

    Dorado OPP link, https://www.nopsema.gov.au/sites/default/files/documents/2021-08/A793841_0.pdf
 
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