Santos in ‘active’ talks on CSG project deal

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 20 : 22-Jan-15

Santos plans to sell roughly 30 per cent of its proposed $A2 billion coal seam gas project in Narrabri, New South Wales. The Australian-listed energy group has an 80 per cent stake in the contentious development. It is holding talks with gas ­buyers, manufacturers and global companies. Santos’s vice president of eastern Australia, James Baulderstone, says the project will not proceed without more investors, but the slump in the crude oil price presents "challenges" in the negotiations

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SANTOS LIMITED – ASX STO, ENERGYAUSTRALIA PTY LTD

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