CSG

Santos reserves pass 1Bbbl mark

SANTOS has posted an increase of its year-end proved and probable oil and gas reserves of 134 million barrels of oil equivalent, taking the company's total 2P reserves past the 1 billion barrel mark.

The company said the rise was driven by a substantial boost in its coal seam gas reserves and conventional oil and gas reserves. Santos also said the reserves increased despite the Adelaide-based company...

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