OPERATIONS

Gas king for Santos

SANTOS has achieved underlying net profit after tax of $251 million for the 2013 first half, which confirms analyst consensus – but record sales came in spite of lower production for the period.

James McGrath

Its overall NPAT was up 3% on the previous corresponding period but the underlying figure was down 11%. It produced 24.5 million barrels of oil equivalent for the period, down 4% on H1 2012. The lower...

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