Business
Santos boosts dividend as production, profits rise
Adelaide-based Santos has reported an 89 per cent increase in underlying profit and declared an interim dividend of 6.0 US cents per share.
Business
Adelaide-based Santos has reported an 89 per cent increase in underlying profit and declared an interim dividend of 6.0 US cents per share.
Business
Santos says it achieved record gas production in the second quarter on stronger output across its West Australian gas assets.
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Adelaide-based oil and gas company Santos expects 2019 production to rise by up to 32 per cent, boosted by its acquisition of Quadrant assets last year.
Australia’s competition watchdog has signed off Santos’ $2.9 billion acquisition of major WA oil and gas producer, Quadrant Energy.
Santos plans to nearly double natural gas production to more than 100 million barrels of oil equivalent by 2025.
Adelaide-based oil and gas company Santos announced today it had cut net debt by four per cent since the start of the second quarter, helped by higher oil prices and may revive dividends in August.
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