Santos announces second round of impairments 

SANTOS saw off the oil price crash and pandemic better than some of its peers but today announced a second, much smaller round of impairments as it also its updated reserves and resources’ statement. 

Santos announces second round of impairments  Santos announces second round of impairments  Santos announces second round of impairments  Santos announces second round of impairments  Santos announces second round of impairments 

Santos MD Kevin Gallagher

In its half-year results released in August it announced impairments of US$756 million based largely on the fall in the oil price, with the bulk concentrated on its Gladstone LNG venture in