Santos ups Sangu holding

SANTOS has increased its foothold in Asia, signing a deal to purchase a further stake in Block 16 in Bangladesh's offshore Sangu field from Cairn Energy for an undisclosed amount.

Santos ups Sangu holding Santos ups Sangu holding Santos ups Sangu holding Santos ups Sangu holding Santos ups Sangu holding

Santos will take Cairn's 37.5% interest in the producing area of Block 16 (Sangu) and 100% of the exploration area in the permit.

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