APPEA 2015

Santos claims free cash by December

WHILE Credit Suisse may have declared the company's shares worthless if current oil prices continue for an indefinite period, Santos chairman Ken Borda says the markets tell a very different story, with two multi-billion transactions supporting the Adelaide-based oiler's strategies.

Haydn Black

Departing Santos chairman Borda said the global $91 billion Shell/BG merger this month, and the multi-billion dollar acquisition of Apache's Australian assets by the private equity funds of Macquarie Capital...

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