STO 2.63% $7.02 santos limited

$50-60 New Normal or U.S Shale Bubble?, page-759

  1. 6,299 Posts.
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    I would have thought Senex's quarterly earlier in the week would have given a clue to STO holders that the price of Cooper Basin oil is above Brent when they received a Quarterly oil price of A$95 per bbl.
    A$95 is higher than the U$67.85, actually received, times 1.266 approx. for conversion to US$ = A$85.90 approx. for Santos oil price comparison over 4th quarter.
    Of course Santos crude sales aren't all Cooper Basin hence the lower price.
 
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