STO 0.45% $6.72 santos limited

Santos only got the tail-end of revenue stream from QE...

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  1. Ya
    5,477 Posts.
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    Santos only got the tail-end of revenue stream from QE acquisition from 27th Nov to 31Dec (ie 80mil from 1.8 mmboe).

    Quadrant's total production for 2018 was 18 mmboe.
    In 2017 they did 18.3mmboe for USD 726m, 2016: 19.7 mmboe for USD 642mil.

    So for 2019 STO should get that additional production on top of its figures.Hence the guidance of 88-98 mmboe which should bring in more revenue. 

    As a comparison WPL produced 91.41 mmboe, sold 89.23 mmboe, Rev: USD5.24bil. Just hope oil stays steady USD 58-60/bbl for 2019. 
 
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