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OPERATIONS

Santos confirms Bayu Undan field life extension

SANTOS reported a profit drop of almost 50% yesterday and a share price fall of over 4% but CEO Kevin Gallagher charted a way forward even after project deferrals, capital spend cut and write downs.

Helen Clark
Bayu-Undan infill confirmed by Santos

Bayu-Undan infill confirmed by Santos

This  included confirmation of a three-well infill campaign at the Bayu Undan field first flagged in its second quarter results, which Santos expects to extend the legacy gas field's life out to 2025....

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