Brief: Santos Announces Binding Agreement To Acquire A 30% Interest In The Meridian CSG Project
BRIEF-Santos Announces Binding Agreement To Acquire A 30% Interest In The Meridian CSG Project Aug 24 (Reuters) - Santos Limited STO.AX:
ENTERED INTO A BINDING AGREEMENT TO ACQUIRE A 30 PER CENT INTEREST IN THE MERIDIAN CSG PROJECT
DEAL FOR ABOUT US$85-$90 MILLION
AGREEMENT AS PART OF A SALE TO GLNG JOINT VENTURE PARTNERS
EACH GLNG PARTNER WILL ACQUIRE A PRO-RATA SHARE IN LINE WITH ITS GLNG JV INTEREST
GROSS PURCHASE PRICE IS A$430 MILLION
Further company coverage: STO.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Santos
See all newsCiti raises Santos PT, sees Pikka disruption as temporary
Brief: Santos Sees 2026 Production Volumes 99 To 102 MMBOE
Australia's Santos slips on 2026 output outlook cut
Santos trims upper end of annual volume forecast on Pikka disruptions, shares fall (updated)
Australia's Santos trims 2026 output forecast on Pikka delays; Q3 revenue jumps