MARKETS

Santos upside crystalising

SANTOS has ditched Fluor as a well designer as true wildcats in the Cooper Basin next year will chase bigger resources of more than 100 billion cubic feet of gas, while new technological advances could see production actually start to grow there and push up Gladstone LNG production guidance.

Cooper Basin operations.

Cooper Basin operations.

As days two and three rounded out a Santos field trip just as it emerged the Adelaide-based oiler had knocked back a takeover offer from US-based Harbour Energy, analysts found yet more evidence that...

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