OPERATIONS

Santos' cash flow surges as takeover suitor XRG weighs decommissioning risks

Barossa gas, Pikka oil on track, but analysts warn $6.3b clean-up bill may be underestimated

Santos CEO Kevin Gallagher (right) and XRG leader Dr Sultan Al Jaber

Santos CEO Kevin Gallagher (right) and XRG leader Dr Sultan Al Jaber | Credits: Santos/XRG

Santos has posted a strong second-quarter performance, delivering $620 million in free cash flow and $1.1 billion for the half-year, underpinned by the company's tight grip on costs as it maintains the...

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