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Disgraceful Santos under-invests as it gouges

April 21, 2017 - 09:34 -- Admin

The company at the heart of national energy crisis, Santos, is taking the piss. Via Credit Suisse: Solid quarter operationally Santos delivered a solid operational performance in 1Q17, with production of 14.8mmboe and sales of 18.6mmboe. Net debt was down US$380m, to US$3.1bn, although heavily helped by asset sales and the SPP. All guidance for

The post Disgraceful Santos under-invests as it gouges appeared first on MacroBusiness.

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