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A Bakken in our backyard?

THE Mereenie oil field is a tiddler in the Santos portfolio that does not even merit comment in quarterly reports. So why has Santos recently committed to spend about $200 million locking up Mereenie and nearby acreage in the Amadeus Basin? By <b>David Upton</b>

A Bakken in our backyard?

The Adelaide-based company is keeping quiet, but the answer might be simple: Mereenie is old and difficult as a conventional oil field, but as a tight oil play it looks like a very nice analogue of the...

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