MARKETS

Santos announces WA reserves writedown 

SANTOS will recognise a US$147 million impairment in its full year results due soon thanks to reserves revision at two of its older West Australian gas fields. 

Santos announces WA reserves writedown 

          All up it will write down 26 million barrels of oil equivalent in 2P reserves from Spar/Halyard field which feeds the state's domestic market thanks to earlier than expected water ingress. ...

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