STO 1.16% $6.84 santos limited

Ann: Santos announces acquisition of Quadrant Energy, page-9

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  1. 495 Posts.
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    Looks like a good deal to me for Santos - material, affordable and profitable. Profitable for Quadrant share holders as well who appear to have doubled their money, due to oil price and also Dorado discovery. If they were committed oil and gas people, rather than private equity investors, they probably would have stuck with the project IMO. Win-Win.
 
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