Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 38 : 25-Jan-18
Oil and gas group Santos has advised that its sales rose 14 per cent in the December 2017 quarter, to $US861bn ($A1.07bn), while sales for the calendar year were up 20 per cent to $US3.1bn. Total production for the year was 3.4 per cent lower than previously at 59.5 million barrels of oil equivalent, although it was at the higher end of the company’s guidance. Santos still expects its output for 2018 to be within the range of 55 million to 60 million boe.
CORPORATES
SANTOS LIMITED – ASX STO, JP MORGAN AUSTRALIA LIMITED, HARBOUR ENERGY LIMITED