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Santos makes US$1.39 billion acquisition

The acquisition is valued at US$1.29 billion (AU$1.89 billion) plus a $75 million (AU$110 million) contingent payment subject to a final investment decision on Barossa. Santos said the value accretive acquisition of operating interests in long-life, low cost natural gas assets and strategic LNG infrastructure is consistent with its core asset growth strategy. To increase …
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