ASX:STOOil and Gas
How Santos’ Latest Asset Sales and Barossa Focus Will Impact Santos (ASX:STO) Investors
Santos recently completed the sale of its interests in the Mahalo Joint Venture and the Petrel and Tern fields, raising upfront and contingent cash while lowering future decommissioning obligations as it sharpens its portfolio around core growth projects.
This shift frees up capital and management attention for higher-priority developments such as Barossa and Pikka, potentially reshaping Santos’ long-term cash flow mix and risk profile.
Next, we’ll explore how these divestments and Barossa’s...