You raise a good point. Wasn’t it Michael Moore ? Anyway it matters not . People forget that Santos is also a big gas producer and gas in Australia is not going for a pittance as somebody intimated. The worlds militaries , the worlds airlines, and 95% of the worlds motor vehicles run off fossil fuels and that will not change for many years. Although many of the major militaries do have subs and aircraft carriers that run off nuclear . Good old Oz has diesel subs and more on order . Sorry I digress.
STO still has many many years of profitable production of oil and gas.
Ann: Santos announces non-cash impairment, page-18
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