Original article by Perry Williams
The Australian – Page: 19 & 29 : 16-Nov-18
Crude oil is trading at around $US56 a barrel, having peaked at $US81 in early October. Santos CEO Kevin Gallagher expects the recent price volality to continue in the near-term, although he is confident that the Adelaide-based oil and gas producer can ride it out. Meanwhile, Santos is hopeful that its new exploration joint venture with Shell in Queensland will yield new a source of gas supply for the east coast.
SANTOS LIMITED – ASX STO, ROYAL DUTCH SHELL PLC, ORGANISATION OF PETROLEUM EXPORTING COUNTRIES