EXPLORATION

Santos cancels Timor Sea wildcat 

SANTOS will walk away from Timor Sea exploration after getting a tick for its environmental plan for geotechnical work just one year ago. 

 The AC/P50 permit

The AC/P50 permit

It had planned to use the work to underpin a wildcat, Stairway-1, due for spud next year.    That would have been subject to a separate EP. It was costed at $20 million and due in the final year of...

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