AUSTRALIA

Santos 3Q production fall but outlook positive

SANTOS says the outlook for the company remains positive after delivering sales revenue of $730 million for the third quarter of 2008, 16% higher than the previous corresponding quarter.

Marija Stojkovic

Santos 3Q production fall but outlook positive

According to the company's third quarter report released today, the rise in revenue in the quarter was due to higher oil and gas prices. However, production in the quarter was down 12% to 13.2 million...

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