ASX:STOOil and Gas
Could Santos (ASX:STO) Asset Demerger Plans Reframe Its LNG-Focused Portfolio for Strategic Suitors?
Santos Limited (ASX:STO) has reportedly been weighing a demerger of its lower-performing Western Australia, Cooper Basin, Narrabri and Dorado assets as part of an Australian business strategic review that sources say could involve either an in‑specie distribution or an outright sale to a buyer such as Beach Energy.
This potential separation of non-core assets, and the associated remediation liabilities, could reshape Santos into a more focused LNG and Alaska portfolio that may be more...