Is just a usual Reuters newsbiteI agree they should put speech...

Is just a usual Reuters newsbite

I agree they should put speech and presentation on site but STO is really slack at doing so.

https://ceraweek.com/program/the-future-of-global-upstream-18174-812392/

• 07:15am - 08:20am (CST)

  The Future of Global Upstream

  Upstream Oil & Gas

  The global upstream oil and gas business has undergone enormous changes over the past decade as the rise of shale, highly volatile oil and gas prices and an accelerating energy transition has transformed the business. How will the upstream landscape change over the next decade? How can the upstream business continue to reduce its emissions to ensure it’s future in the energy transition? Where will future supply growth come from?  

  • Speakers:
  • Michael Wynne
  • John Ardill
  • Mohd Redhani bin Abdul Rahman
  • James Alan Deckelman
  • Bruce Dingeman

OSH and STO have always said they will sell down interests in Alaskan leases and it will bring in cash and advance development speed or meanwhile STO can keep slowly funding . I thiunk oil and gas are around for next 20 years and new development only gets harder so the quicker STO gets a return on existing leases and teh quicker the leases are developed and linked into STO infrastructure the quicker the paydown on infrastructure and better return to holder and also risk mitigation. Either way as STO has resources on site and all infrastructure and ability to proceed with whoever buys sold down leases it keeps a interest and possibly gets carried into future fully utilising scale and staff available. Oil and gas are about scale and more leases explored and developed the more possibility that infrastructure can reach scale and be paid down faster all leading to more robust supply and lower cost or energy per unit before more green crap rules come in. .

https://www.reuters.com/markets/commodities/ceraweek-oil-gas-industry-consolidation-has-pressured-energy-supply-santos-2024-03-19/