Acquisition of Additional Interest in the Kipper Field

abarrelfullabarrelfull wrote on 05 Sep 2015 07:30

08 Mar 2000

Santos Ltd announces that Santos Offshore Pty Ltd, a wholly owned subsidiary of Santos Ltd, has reached agreement to jointly purchase with Woodside Energy Ltd the interests of The Shell Company of Australia Ltd in VIC/RL2, which contains the majority of the Kipper gas field in the Bass Strait.

The acquisition, which is subject to customary approvals, will result in the Santos Group holding a total economic interest of approximately 20% in VIC/RL2.

Related News

Looking for information on the E&P sector?

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License