Latest Santos Limited News

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Santos Limited has agreed to extend the exclusivity period with the XRG Consortium, allowing more time to finalize due diligence for a potential A$8.89 per share cash takeover. The extension keeps the door open for competing bids, maintaining shareholder options.
Maxwell Dee
Maxwell Dee
11 Aug 2025
Santos has marked a significant milestone in its Pikka phase 1 project with the safe arrival of critical processing modules in Alaska, pushing the project close to completion and setting the stage for increased production by 2027.
Maxwell Dee
Maxwell Dee
31 July 2025
Santos Limited reported robust operational and financial results for Q2 2025, driven by solid production and cash flow, while its flagship Barossa LNG and Pikka projects advance on schedule. The company also navigates flood impacts and a notable acquisition proposal.
Maxwell Dee
Maxwell Dee
17 July 2025
Santos Limited has entered a process deed granting XRG Consortium exclusive rights to pursue a potential A$8.89 per share cash takeover offer, setting the stage for a pivotal chapter in the oil and gas sector.
Maxwell Dee
Maxwell Dee
27 June 2025
Santos Limited has received a compelling non-binding proposal from the XRG Consortium to acquire the company at a significant premium, prompting the board to engage in due diligence and negotiations. This move could reshape the Australian energy landscape if finalized.
Maxwell Dee
Maxwell Dee
16 June 2025
Red Sky Energy has partnered with Condor Energy and associates to fund the drilling of the KN2 well at Killanoola, targeting a promising new reservoir zone identified by advanced seismic data. This move aims to boost production and accelerate cash flow from the South Australian oil project.
Maxwell Dee
Maxwell Dee
29 May 2025
Red Sky Energy reports steady cash flow from its Innamincka Dome projects and advances development at Killanoola, while securing a significant 35% stake in offshore Angola’s Block 6/24 with promising oil resource estimates.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction efforts.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction targets.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% fall in sales revenue, yet the company maintains strong profitability and advances its carbon capture and storage projects alongside ambitious climate goals.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Santos Limited's 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet the company maintains strong profitability and advances its carbon capture and storage projects alongside ambitious climate targets.
Maxwell Dee
Maxwell Dee
28 Apr 2025