MARKETS

Santos ups ante

SANTOS has farmed into five Papua New Guinea exploration blocks, announced that appraisal drilling had confirmed the Barossa field Darwin LNG backfill lead candidate, added Narrabri to its core asset portfolio, cut its debt further and freed up more gas for the domgas market.

 Kevin Gallagher.

Kevin Gallagher.

CEO Kevin Gallagher announced the moves at Santos' investor day this morning while flagging increased drilling activity in both the Cooper Basin and Gladstone LNG next year to boost production and supply...

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