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Santos 2013 Plans : Spend $200 Million Shale Gas
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Santos flowed the first commercial shale gas well in the cooper basin. They provided the following update during their investor call. Presentation provided below for download
Substantial Resources Substantial unconventional contingent and prospective resources across the Central Australian Basins(1) U.S. technology & learnings are being applied to accelerate unlocking Australia‘s unconventional potential Competitive Advantages Santos first to flow commercial shale gas from Moomba 191 Santos dedicated frac spread in Cooper Basin Santos‘ extensive geologic knowledge and 50+ years of development experience in the Cooper Basin Santos‘ strong infrastructure position Focused on Evaluation and Commercialisation Plan ~$200 million(2), 3 year (2012-14) Cooper focused capital program to…- ✓ Full news archive — U.S., Canada & international coverage
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