I expect that the next step in the continued re-rating of Santos will be the investor day to be held in November.
AFR today:
Santos increased drilling activity in both the Cooper Basin and GLNG, with 16 Cooper and 53 GLNG wells drilled in the quarter.
The company said the increase was the result of "significant improvements in the drill, complete and connect upstream operations unit cost performance over the last 18 months".
RBC's Ben Wilson said the increased activity was a good sign.
"We have seen the growth agenda recently being put back on the table at Santos and are looking to the investor day in November when we expect this to be delineated further."
I expect that the next step in the continued re-rating of Santos...
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