AUSTRALIA

Gallagher's uphill battle

ANALYSTS believe asset sales are still on the cards for Santos to help cut its still considerable $6 billion debt pile after new CEO Kevin Gallagher this morning admitted he had a long road ahead to return capital discipline to the company, all while signalling a return to exploration and plotting a path forward for new projects.

Gallagher's uphill battle

"It is essential that Santos rebuilds its exploration capability to find new reserves to provide future growth," he said - a bold statement considering drilling in the Cooper Basin has all but ground to...

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