STO 0.45% $6.72 santos limited

News: STO Australia's Santos 4th-qtr revenue jumps 21 pct

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    Jan 24 (Reuters) - Santos Ltd (STO) , Australia's No. 2 independent gas producer, on Thursday reported a 21 percent rise in fourth-quarter revenue, boosted by the acquisition of Quadrant assets and higher realised prices for its oil and gas.

    Quarterly revenue came in at $1.04 billion compared with $861 million a year earlier, the company said in a statement.

    The Adelaide-based firm said production for the quarter ended Dec. 31 rose to 15.9 million barrels of oil equivalent (mmboe) from 15 mmboe a year ago.

 
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