STO 1.36% $7.85 santos limited

Santos risks losing stake in Northern Territory exploration venture

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    Not sure if holders are aware of this....
    • Updated Jan 4 2017 at 4:15 PM
    Santos risks losing stake in Northern Territory exploration venture

    Santos appears at risk of losing its whole stake in a highly promising gas exploration venture in the Northern Territory as a result of a dispute with unlisted partner Tamboran Resources that is nearing a critical arbitration decision.

    The previously unpublicised dispute centres around the fulfilment of requirements committed to by Santos when it entered into a joint venture with Tamboran in D


    Read more: http://www.copyright link/business/...oration-venture-20170103-gtl8kd#ixzz4Un6o0Svk
 
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