CTP central petroleum limited

Ann: Santos sells its Mereenie interest to Macquarie, page-8

  1. 4,343 Posts.
    lightbulb Created with Sketch. 1623
    IMO doesn't change anything in relation to bidder possibilities in Santos, MAC bank or other parties.

    SANTOS - still in the mix (reason - northern australia is CORE) =
    If you read the recent Santos strategy update, as part of their SPP raise, they classify "northern australia" as one of the core areas of future development in their transformation agenda

    MAC bank - securing gas assets and infrastructure is their play and they see the GAS market particularly on the eastern side as a growing market due to gas shortages caused by exporting to our Asian partners.
 
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